Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-06-Speech-3-027-000"

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"en.20110706.2.3-027-000"2
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"Mr President, I welcome the Polish Presidency and wish it good luck. The Polish Presidency will coincide with the completion of a second loan package to Greece. I should like to take this opportunity to say that, if the Greek debt is to be viable, this second loan package needs a reduced interest rate. I should also like to take this opportunity, Prime Minister, to inform everyone here today that all the cutbacks we have made as a nation in Greece and all the sacrifices we are making are going towards interest payments to our lenders. The interest rate at which your country is lending money to my country is massive. The Greek debt will not be viable unless you reduce the interest rate. Prime Minister, I am delighted that Poland will be a member of the Euro Group. You will be an objective judge in finding that, for 18 months, Greece was, and still is, the victim of the financial markets and its lenders. We are grateful for what you are doing for us and, for our part, we shall not be inactive; however, at some point, the solidarity we debate here needs to be real and realistic."@en1
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