Extracts from the joint press briefing by José Manuel Barroso, and George A. Papandreou, Greek Prime Minister

Type: Summary of press conference   Reference: I-068267   Duration: 10:02:53  Lieu:
End production: 06/12/2010   First transmission: 06/12/2010
On 6 December 2010, José Manuel Barroso, President of the EC, received George A. Papandreou, Greek Prime Minister, six months after a massive bail-out was agreed upon by Eurozone Member States for the country. After the visit, they held a joint press briefing on progress made by Greece on economic reforms. José Manuel Barroso underlined the significant progress has been made, particularly in reducing the fiscal deficit, on reliability of statistics and key reforms on pensions and the labour markets.

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TIME DESCRIPTION DURATION
10:00:00 Title 00:00:05
10:00:05 General views of the press conference room (2 shots) 00:00:11
10:00:16 SOUNDBITE (in ENGLISH) by José Manuel Barroso, President of the EC: it is essential that Greece continues to show the same strong commitment that we have seen over recent months, both in terms of consolidating public finances and implementing key structural reforms. And I want to say a world of solidarity to the Greek people: I understand their indignation; I understand how difficult some of the measures are. But the situation in fact requires courage, both reforms, so to put the growth of Greece in a sustainable path. This is historical times for Greece and for the European Union as a whole. These are extremely difficult measures to take by all governments in Europe, and I understand how difficult some of those measures are. But the true is that without this kind of measures, there will not be a possibility for structural, consolidated and sustainable growth. 00:00:57
10:01:13 SOUNDBITE (in GREEK) by George A. Papandreou, Greek Prime Minister, saying that yes, all their efforts are directed towards moving trough this crisis, towards achieving development within Greece to make it more competitive, the economy more sustainable. So that in 2030 they will be out of this water. They hope that they are on the right road and the road he is referring to is the road which the Greek people have said they are willing to go down. This year they have exceeded the objectives from 5.5 which was set, 6 percent is the figure they have achieve regarding the fiscal deficit. So we can see the positive progress they have achieved. 00:00:41
10:01:55 SOUNDBITE (in ENGLISH) by José Manuel Barroso: regarding the project bones, it is a specific proposal I have made that I believe it is perfectly feasible. It is for some projects, namely cross border projects, infrastructure projects, where it could be possible that with the European Investment Bank, there is the ways of capital for those specific projects. Even to these proposals, I want to make the point there was some initial reactions coming from some capitals, let's put it diplomatically, not enthusiastic. I hope that with the progress in discussions, there will be agreement for it. 00:00:45
10:02:40 SOUNDBITE (in ENGLISH) by George A. Papandreou: of course, I am very much in favour. I believe that this is a way that we can leverage funds for big infrastructure projects which are necessary in Europe. 00:00:13
10:02:53 Cutaways of the speakers and of press (4 shots) 00:00:23
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