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Despite the deep reforms we are making, traders and speculators have forced interest rates on Greek bonds to record highs.

George Papandreou

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George Papandreou
Age: 72
Born: 1952
Born: June 16
Diplomat
Former Prime Minister Of Greece
Politician
Sociologist
St Paul
Minnesota
George Andreas Papandreou
Making
Greek
Reform
Speculators
Despite
Highs
Rate
Traders
Record
Reforms
Deep
Bonds
Records
Rates
Interest
Forced

More quotes by George Papandreou

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Many people have been pontificating, and patronizing, and moralizing, and scapegoating, saying you Greeks, you are the problem. I would say we Greeks have a problem. We are not the problem.
George Papandreou
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Countries are not like financial markets. Social change cannot be executed as swiftly as credit-default swaps. You cannot sell short on social commitments and practical responsibilities.
George Papandreou
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The Marshall Plan was after destruction, and the U.S. came to our help and obviously this was very, very important for the future of Europe. I think now we have all the capabilities of doing it on our own and, in a sense, we have to.
George Papandreou
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Today I want to send a message of optismism to all Greeks. Our road, our path, will be more stabilised. Our country will be in a better situation. We will be stronger.
George Papandreou
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An elected government making huge changes with the consent of its people, is being undermined by concentrated powers in unregulated markets-powers which go beyond those of any individual government.
George Papandreou
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My hope is that we will turn Greece into maybe the most transparent country in the world with everything on the web.
George Papandreou
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The structures in Europe in a globalising economy need to be modernised, need to be more integrated, need to be stronger.
George Papandreou
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When I was growing up in the United States and Sweden, I never thought about becoming a politician.
George Papandreou
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I have always said I will be in politics to serve as best as I can and it will take me wherever it will take me.
George Papandreou
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Markets are saying pretty much what I'm saying too: that Greece is doing what it can, but that Greece is not going to be able to carry the weight of all of Europe and the other problems that Europe has.
George Papandreou
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There are certain moments in the history of a nation when the choices made define the decades to come.
George Papandreou
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If we were going to default, we would have decided that many months ago. It would be wrong for the Greek economy, it would be wrong for the European economy, it would make things worse in the end. That's why we're taking the pain and making these structural reforms, and we're on target.
George Papandreou
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I would say we are a friend in need and I am sure that the Greek people would very much welcome the choice of the British people to come and enjoy Greece, first of all, but also that would be a sign of support.
George Papandreou
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Unfortunately, corruption is widespread in government agencies and public enterprises.
George Papandreou
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But sovereign debt is a wider question not only in Europe but across the globe. While every country is a unique case, I think it's not an issue of countries acting on their own. We need a more coordinated strategy not only in Europe but around the world.
George Papandreou
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It is important that the Greek people make decisions on important developments.
George Papandreou
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I think there is a heritage which I’m proud of, which is a fight for democracy, a fight for social justice, a fight for freedom. My grandfather went to jail or exile six times in his life, fighting for his principles for democracy, or for his country. And my father twice.
George Papandreou
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We have made major reforms in Greece. When I took over after a landslide victory we had a mandate for change and I knew my major focus would be re-organizing the state.
George Papandreou
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At times of distress, we all like to recall the advice of fathers and mothers. The best advice my father gave me was to keep faith and deep confidence in the potential of the Greek people nurture the belief that they can do things.
George Papandreou
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Politics also means educating people. It's important to speak openly with our fellow Greeks, to tell them what our problems are and that we have to change something.
George Papandreou