Bloomberg News

Greek Premier Urges Businesses to Save Jobs, Keep Investing

May 31, 2012

Greek caretaker Prime Minister Panagiotis Pikrammenos called on the country’s private sector to show confidence in the country in “this most difficult situation.”

“As distinguished parameters of the country’s economic life, act as a force of stability and responsibility,” Pikrammenos said in a speech in Athens today at a meeting of the Hellenic Federation of Enterprises, according to an e-mailed transcript. “Keep your deposits and investments in the country; show trust in the course of the Greek economy’s recovery. We all, in the long term, will come out winners.”

Pikrammenos said Greece had taken steps towards economic reform despite the difficult situation and that the debt crisis was testing the very idea of a European Union.

“It is imperative that the euro area take brave steps towards real economic union, pairing as a first step fiscal stability with growth,” he said. “It is clear that within this crisis Greece is turning a page in its history. How we will respond to the crisis today, we Greeks and our European partners, will affect future generations of Greeks and Europeans.”

To contact the reporters on this story: Maria Petrakis in Athens at mpetrakis@bloomberg.net;

To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net


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