Greek Prime Minister Refutes Rumors That The Country Will Withdraw From The Euro Zone

Greek Prime Minister Papandreou dismissed rumours of Greece's withdrawal from the eurozone and debt default on the 11 day in the northern city of Santa loonica, and said Greece would repay all of it.

Papandreou told reporters at the press conference that his government would make full use of structural reforms and strive to shake off the debt crisis and achieve economic stability and growth by 2013.

He said that in the next two years, the Greek government will fulfill all commitments to reduce the deficit and promote economic growth.

"Greece's withdrawal from European common currency will lead to the collapse of the eurozone," he said.

We will not let Greece collapse, and will not make Greece a scapegoat for Europe.

We will take all necessary measures to defend the decision of the euro zone summit this July 21st because it proposes a feasible solution to the Greek debt problem. "

In July 21st this year, the euro zone summit decided to provide Greece with a new loan of 109 billion euros. Greece has said that it will implement economic tightening and reform measures to increase taxes, reduce government expenditure and privatize state owned enterprises.

Because this year, the Greek government has failed to achieve its target in controlling the deficit and so on, it is facing pressure to intensify reform.

On the same day, the Greek Cabinet decided to adopt a new economy, including property tax, at an informal cabinet meeting in the city of S.

Media reports recently said that Germany is putting pressure on Greece to tighten its target on schedule and to plan for the protection of German banks in the case of Greece's bankruptcy.

At the press conference that day, Papandreou excluded the possibility of a recent general election and a major coalition government with the main opposition party.

He said that the government's top priority now is to avoid economic collapse.

At present, Papandreou and the main members of the Greek government are participating in the annual international trade exhibition in the city of Santa onica, which is one of the most important exhibitions in the country and even in Southeast Europe.