Greek determination to exit debt crisis grows with attacks of speculators: PM

14:15, May 10, 2011      

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Greece's determination to exit its acute debt crisis grows with the attacks of speculators against the Greek national economy and the euro, said Prime Minister George Papandreou on Monday.

"As their greed grows, so does our will and determination to change Greece. There is no return for us. We will move forward," said Papandreou while addressing a forum of Transparency International Greece on corruption.

The Greek premier reiterated the strong will of his government to fight corruption in Greece, while also criticizing corruption within the global financial system, which caused the international economic crisis.

"This system taught fraud, selling toxic bonds with the blessing of international credit rating agencies," said Papandreou, shortly after Standard and Poor's once again downgraded Greece and Moody's warned of a similar move in the near future.

"We all witnessed the latest criminal propaganda against our country and the euro by servants of speculators who undermine our efforts, aiming at gains through a Greek default and euro collapse, " he added, obviously referring to a report by German magazine " Der Spiegel" on Friday about an imminent withdrawal of Greece from the eurozone.

The report was firmly rejected by Greek and European officials, and the Greek judiciary has launched a probe to determine whether to press charges against the magazine for spreading false information.

Source: Xinhua
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