Greece expects political, not economic support from EU - prime minister

© RIA Novosti . Dmitry Korobeinikov / Go to the photo bankGreek Foreign Minister George Papandreou
Greek Foreign Minister George Papandreou - Sputnik International
Subscribe
US
India
Global
Greece, which has suffered a record budget deficit of almost 13% of its GDP, is expecting political, not economic support from the European Union, Prime Minister George Papandreou told RIA Novosti on Monday.

Greece, which has suffered a record budget deficit of almost 13% of its GDP, is expecting political, not economic support from the European Union, Prime Minister George Papandreou told RIA Novosti on Monday.

Greece's soaring debt caused an economic crisis for the country which placed the largest strain to date on the Euro-nation. The country has pledged to get its budget deficit back below to the nominal EU maximum of 3% by the end of 2012.

During an extraordinary summit last week, the European Union expressed political support to Greece, but did not promise any financial assistance to the Balkan state. The Greek authorities have said they will tackle the crisis by themselves.

"Greece has not approached the international community or the European Union for economic assistance. Greece is committed to and capable of solving this problem on its own," the prime minister said speaking in English.

"What we would like to see, and what we are now seeing to a greater extent, is the political support of European nations and their unwavering commitment to our union," he said.

 

ATHENS, February 15 (RIA Novosti)

 

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала