Papandreou Says Plans Will Bring Greece ‘Out of the Woods’

Bloomberg
May 28, 2011

Greek Prime Minister George Papandreou said the country’s fiscal plan will lead the country “out of the woods.”

Papandreou, speaking at a joint press conference in Athens with Canadian Prime Minister Stephen Harper, said the country already has accomplished “impressive” targets and there are signs of improvement in the Greek economy.

“My determination is to continue with this program in a very determined and decisive way,” Papandreou said. Greece will soon recover from its problems by following through with plans for fiscal adjustment, state asset sales and development of government-owned real estate.

More