emg home
Serbs to be evacuated by aircrafts, ship HRW: Libyan commanders should face justice for killings Deniau: We want to find out whole truth about organ trafficking Pino Arlacchi: Kosovo is a mafia state Greek police clash with the protesters in central Athens Ivanovic meets UNMIK and EULEX representatives Greek debt can be discussed in wider package says Merkel Greece: General labour strike on Wednesday Russian starts evacuation of citizens from Libya The Romanian Ministry of Foreign Affairs recommends avoiding trips to Lybia Gruevski invites Crvenkovski to snap, fair elections Macedonian MFA urges citizens not to travel to Libya Greeks ready to leave Libya Greece has second highest petrol prices in Europe Croatia´s unemployment highest since May 2003 Anti-government protest rally held in Zagreb Croatian arms dealer suspected of smuggling weapons to Iraq Mesic to lead Croatian businessmen to Libya despite unrest Bulgarian Cabinet Airbus on way to Libyan capital EC President Herman Van Rompuy expected to Bulgaria on Wednesday National Security Advisory Council meets in Sofia Sutanovac: Agreement with EU to be signed in late March Agreement on seventh and last revision of SBA between Serbia, IMF Effective investigation into trafficking of human organs in Kosovo necessary Japanese government to donate two digital, 30 analogue mammography apparatuses Dacic to open closing conference of twinning project for integrated border management Handover of archaeological, numismatic materials of Turkish origin Djelic: Serbia can count on Germany's support Tadic to visit Japan from March 7-10 Nacional: Sanader to be extradited to Croatia by end of May ICTY to hold status conference in Ramus Haradinaj case Brammertz says cooperation good Kosovo elects new President, Cabinet Feith's mandate extended Norway invests EUR1.5 bln in Serbia over last 15 years Colak: Serbia could export four times as much to Turkey Economy main topic of Putin's visit to Serbia Serbian, Bulgarian PMs open business forum in Sofia

Greece: Strong gov't reaction to article on Papandreou, IMF

21. February 2011. | 10:07

Source: ANA

Government spokesman George Petalotis reacted strongly to an article appearing in the Sunday edition of "Kathimerini", according to which Prime Minister George Papandreou had secretly asked the International Monetary Fund (IMF) to intervene in order to bail out Greece in December 2009.

Government spokesman George Petalotis reacted strongly to an article appearing in the Sunday edition of "Kathimerini", according to which Prime Minister George Papandreou had secretly asked the International Monetary Fund (IMF) to intervene in order to bail out Greece in December 2009.

"We all remember the Greek government's immense efforts, especially those of Prime Minister George Papandreou, to deal directly with the prospect of bankruptcy for the country that was revealed after the elections of 2009," Petalotis stressed in response to the article.

According to the spokesman, the previous New Democracy government had carefully hidden the extent of Greece's debt and deficit, which were revealed immediately after the elections were held and led to violent reactions from international markets.

"With delicate handling, with calmness and with great determination at times very difficult for our country, we succeeded in creating the solution of the trilateral mechanism for loans and support and its application to us," Petalotis pointed out.

He also underlined that the government's efforts had led Europe to adopt a permanent European Financial Stability Facility, despite the very negative climate toward Greece that the years of ND government had delivered, and given the country a temporary respite from its loan obligations so that it might plan and carry out the major changes that needed to be made.

"This course was neither self-evident nor easy," Petalotis underlined, stressing that this result was achieved through hard work and "concentrated understanding" by both Greek people and the government.

The Kathimerini article cited as its source a documentary filmed by the French television network Canal+ that is due to be broadcast next month. This apparently contains footage in which IMF Managing Director Dominique Strauss-Kahn refers to being approached by Papandreou and asked whether Greece might seek the aid of the IMF, which Strauss-Kahn took as an expression of Papandreou's confidence in his abilities.

The article says that Strauss-Kahn warned that European leaders would not agree to unilateral IMF intervention in a eurozone country, something that was confirmed at the EU summit in

December 2009 when Papandreou raised the issue and received a negative reply his EU counterparts.

ND spokesman on newspaper report

Main opposition New Democracy (ND) party spokesman Yiannis Mihelakis, commenting on an article appearing in the Sunday edition of the newspaper "Kathimerini", said "today's publication in the newspaper 'Kathimerini' that reveals that Mr. (Prime Minister George) Papandreou, from the beginning of December 2009, was discussing in the backstages with IMF President Mr. Strauss Kahn our country's subjection to the IMF, confirms in the most resounding way, what New Democracy was maintaining since then and what the entire Greek people were suspecting:

That firstly: Mr. Papandreou and his government deliberately led the country to the Memorandum, swelling in the beginning the deficit and then degrading the Greek economy, with the statements about the 'Titanic', a 'corrupt country'. etc.

And that secondly: Mr. Papandreou was deliberately disorienta-ting the Greek people, while in the backstages he had chosen to lead the country to the IMF."


My Web

Enter text:

21. February 2011. 10:52:29

| Stam Birsim


This annoys me.I think ND is halfway there - yes it was wrong to mislead people about our country going to the IMF. Now we have austerity and people don't necessarily believe our government!
I imagine bond traders in London and New York are thinking "Well if Papandreou lied to us about going to the IMF, is he lying to us when he uses the same language in relation to default?"


21. February - 27. February 2011.