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...markets for immediate cuts. Did that force you to abandon efforts on some of the bigger structural changes? What the markets were saying is we've heard this, we don't believe you. Greece has lost its credibility. What I was saying all along is we have to bring back our credibility. That did in fact work. Credibility for Greece has come back. Of course, those are short-term changes. We have to get down to the deeper changes, which we're already doing. So that's this phase. Now getting beyond this immediate crisis - getting a breathing space...
...fact that they call me decent after 29 years shows you can be decent in politics. There is this concept of politics as a dirty game. It's a difficult game, but it doesn't have to be dirty. I think this is what we need to bring to politics. I think politics around the world has very often been captured by big interests - lobbies they call them in the States. (See how Americans are spending...
...rules and regulations in the eurozone. Do we need greater economic coordination and governance? In fact, the decision we made two days ago was not only about Greece, it was about Europe. It was about setting up a mechanism and even setting up a task force which may even bring in new rules, new ideas, new changes in the law, new changes in the treaty of how we govern our economy, and how we govern the European Union. That I think is the beauty of Europe, that even though it's very complicated at times, lots of countries, lots...
...Bring Me a Coke? TY! As a baby-boom mother of two millennials, I got a chuckle from Nancy Gibbs' Essay [March 22]. The fact that younger people are more optimistic doesn't come without a price. My husband and I pay for college expenses and cell phones and have sent the girls on trips I dreamed of as a child. And one of my daughters lives at home. If I'd had that growing up, I would be optimistic too! Robin Cornick West Hills, Calif...
...effort to convince Europe that Athens is serious about cleaning up its finances. "What the markets were saying is that, 'We've heard this, we don't believe you,'" Papandreou told TIME. "Greece had lost credibility. What I was saying all along is we have to bring back our credibility." Importantly, he's also managed to keep his party largely in line. "There is this concept of politics as a dirty game," he says. "It's a difficult game, but it doesn't have to be dirty." Greeks, Papandreou argues, want to deal with the rot eroding their society...