Greek Prime Minister Samaras recently addressed the European Parliament, stating that one of the primary goals of Greece as the rotating presidency of the EU in 2014 is to reduce unemployment. Greece's term as the EU presidency began on January 1, 2014.
Samaras emphasized that Greece sacrificed its economic growth potential but successfully met the requirements for urgent assistance from international creditors, thus avoiding a departure from the Eurozone. He stated that Greece has achieved significant debt reduction without facing bankruptcy.
Samaras noted that 18 months ago, Greece was on the brink of disaster, with many believing that Greece would exit the Eurozone and that the Eurozone would collapse; however, Greece has proven that Europe can maintain its existence and overcome challenges.
