International Monetary Fund

/ The Greek Prime Minister pointed out that European aid could mean an outlay similar to the first programme of assistance of 110 billion. Papandreou reiterates its appeal to the opposition to reach consensus on the adoption of austerity measures. The Greek Prime Minister, the Socialist Yorgos Papandreu, confirmed Friday that the second rescue to Greece might involve an outlay similar to the first programme of assistance of 110,000 million euro s.We are talking about an amount very, very big, said Papandreou, who recalled that the first package of financial assistance amounted to 110.00 million euros over three years. Although it is early to specify a figure, perhaps we will have a similar amount for this aid package, said the Greek Prime Minister at a press conference after the conclusion of the Summit of js of State and Government of the EU. According to Papandreou, the magnitude of the assistance will depend on factors such as the participation of the private sector and the capacity of its country of use public funds to reduce the debt. Vote of confidence it will probably affect the final amount of the new package, he added. Papandreou said that its European partners have understood the efforts that Greece is doing to deal with the crisis and why have expressed their support for the new package of aid which constitutes a vote of confidence.

Also, it was considered that this should be sufficient for the International Monetary Fund guarantee, so that you don’t have any problems in disbursing funds for its part. The support of European leaders was granted because they recognize the efforts and sacrifices of the Greeks. They know that we are doing everything we can, he said. Papandreou wanted the sense of national and also European responsibility prevail next week in Parliament and the additional adjustment programme can be adopted since the alternative is total failure for Greece. Papandreou made a new, desperate appeal to the opposition to support his plans of savings to emerge from the crisis.

It is easier to make changes if we have the support of all parties, with the greatest possible consensus, said Papandreou told state television NET. The leader of the PASOK Socialist Party pointed out that the cooperation of all parties for a new system of taxes is necessary for what I asked parties to contribute with their ideas. In terms of the new rescue program said that it will have some elements other than the first, since it will have to include two essential aspects: economic growth and social cohesion. The EU should help boost growth in Greece, said and said that investment in sectors like renewable energies can give very good results. Papandreou also stressed that Greece not requested help to stay in the same situation or wasting the funds but to change the country. Source of the news: Papandreou confirmed that the second bailout to Greece will exceed 100 billion