Austria hopes to see Greece overcoming debt crisis with reforms

08:51, July 08, 2011      

Email | Print | Subscribe | Comments | Forum 

Austrian vice chancellor and foreign minister Michael Spindelegger Thursday expressed hopes to see Greece speeding up reforms and get itself out of the debt crisis as soon as possible.

At a press release after talks with visiting Greek foreign minister Stavros Lambrinidis in Vienna, Spindelegger said Austria would continue to provide necessary supports to help Greece overcome the debt crisis.

Lambrinidis told the media he understood Europe's anger and impatience towards Greece as Greece has failed in responsibilities to its partners within the European Union in the past.

To this end, Greece has made dramatic changes in recent years -- the second austerity package endorsed by the Greek Parliament will be implemented "without the slightest delay," said the minister.

He also called for continued investments in Greece, citing improved financial situation in Greece. He suggested that there would be many opportunities for "serious investment" in the coming months as Greece has developed a list of firms scheduled for privatization and other reforms.

Spindelegger hailed the privatization plan as "very courageous" and hoped that Greece would embark on smooth development with its reform agenda.

Austrian companies would be interested in the program if they had reliable information on it from the Greek side, he said.

Source: Xinhua
  Weekly review  


  • Do you have anything to say?


Special Coverage
  • Beijing-Shanghai High-Speed Train now in Operation
  • From drought to floods
Major headlines
Editor's Pick
  • Belarussians celebrate the Ivan Kupala Day
  • Players enjoy races on the muddy beach in E China
  • Police recover heavy amount of weapons in Pakistan's Lahore
  • At least 31 people killed in Indian train-bus collision
  • Soldiers gear up for South Sudan's Independence Day ceremony
  • 336.9-meter-high Tianjin World Financial Center
Hot Forum Discussion