On Tuesday the prime minister of Greece, Giorgos Papandreou on Wednesday announced new austerity measures "to save the economy" in that country from bankruptcy.
"We are now in a state of war against bad scenarios that touch on our country," said Papandreou.
The president described the situation as "the nightmare of a bankruptcy in which the state could no longer pay even the salaries or pensions.
According to the Athens correspondent Malcolm Brabant "in recent months, Papandreou has used several dramatic phrases to describe the problems of Greece, but this is the most alarming."
On Monday, the European Commissioner for Economic and Monetary Affairs, Olli Rehn, has asked the Greek government new measures to reduce the deficit by four percentage points in the year: from 12.7 to 8.7% of GDP.
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"We are now in a state of war against bad scenarios that touch on our country," said Papandreou.
The president described the situation as "the nightmare of a bankruptcy in which the state could no longer pay even the salaries or pensions.
According to the Athens correspondent Malcolm Brabant "in recent months, Papandreou has used several dramatic phrases to describe the problems of Greece, but this is the most alarming."
On Monday, the European Commissioner for Economic and Monetary Affairs, Olli Rehn, has asked the Greek government new measures to reduce the deficit by four percentage points in the year: from 12.7 to 8.7% of GDP.
Additional Info:
Argentina Reclama lo que le pertenese
It is feared that more victims in Chile earthquake tsunami
