US Secretary of State Hillary Clinton hailed the efforts being made by the Greek government to handle the economic crisis and accepted a suggestion by Prime Minister Giorgos Papandreou for the US and the other major economies to discuss the need to improve auditing apparatuses in markets during the next G20 summit. Papandreou stated that Greece wants normal borrowing interests, political and not economic support, adding that the necessary tools, helping to deal with speculators, will also be found.
On her part, Clinton noted that "neither Papandreou nor Greece have asked for something, and we congratulate them for the steps they are taking."
During their 45-minute meeting at the State Department, the Greek premier and the head of American diplomacy also discussed developments on the issue of Cyprus, the Balkans and NATO operations in Afghanistan.
The Greek Prime Minister also spoke at the noted Brookings Institution about the ongoing deficit and economic crisis plaguing Greece emphasising that the current crisis refers, in large part, to a crisis in global governance and a dogmatic reverence for the free market. He also referred to neglect for the transatlantic relationship between Europe and America.
Papandreou will hold talks with President Barack Obama today.
09.03.2010
