Pages

August 10, 2013

Filled Under: ,

Obama To Samaras: Greece Needs To Focus On Growth & Development

US President Barack Obama told Greek Prime Minister Antonis  Samaras on Thursday that Greece's efforts to exit the crisis  cannot be focused soley on austerity but also need growth and  the creation of new jobs, of course he did not tell us how to do  this. After an hour long meeting at the White House, Obama  spoke of the deep friendship existing between the two countries,  making special reference to the Greek-American community.
     "We are all watching the challenge facing Greece in  proceeding with structural reforms to reduce its debt. The Prime  Minister told me that he is committed to go ahead, but this  cannot be done solely through austerity measures. Apart from  budget consolidation, there has to be growth and job creation,"  Obama stressed.
He also noted that the US will stand by Greece by providing  assistance, saying that there is a strong relationship between  the two countries, as Greece is a partner of the US in NATO  and cooperate in the military sector and security issues.

According to the state news agency the US President added  that Greece is located an area facing challenges and difficulties  and can play an important stabilising role and provide solutions  to problems including that of Cyprus.

On his part, Samaras said that Greece and the US are not only  allies but also share the same values. "The enormous sacrifices  by the Greek people should not be in vain," he said, further  referring to the problem of unemployment in Greece and  particularly youth unemployment.

The Greek premier added "the Greek success story will also be  a European success story? and that Greece is trying to achieve  stability in a very destabilised environment.

Turning to the issue of Cyprus, Samaras said there was a  window of opportunity and that Greece is going to work on it.

Samaras also made note of Greece's massive energy reserves,  in the Greece-Cyprus-Israel triangle.
     "We are trying to align synergies by contributing to Europe's  energy security," he said.
Ahead of his meeting with Obama, Samaras also met and held  talks with US Secretary of State John Kerry, who on his part  apparently expressed solidarity with the efforts made by the  Greek people. Reports in the Greek press claim that the  hour-long discussion focused mainly on issues of mutual  interest, and notably on developments in the wider region  (meaning the Balkans, the Middle East and especially the  Eastern Mediterranean).

It is also suspected that the US official also spoke about ways  to promote defense cooperation with Greece, recognising the  importance (for the US) of having a strong NATO ally in the  region.

A day earlier and while in the US, Samaras also met with twenty  high-level officials from the largest global investment funds, in  New York City. The companies represented manage investment  portfolios totalling among them 850 billion Euros, and from what  was reported discussion focused on new investment  opportunities in basic economy sectors and on the economic  prospects of Greece.

Interestingly, a few days before Samaras' trip to the US and in  an all out interview to the Kathimerini newspaper and more  specifically to reporter Alexis Papachelas, US Vice-President  Joe Biden said that the United States wants Greece to remain a  strong and vital part of the Eurozone.
     "The administration has always taken the view that it's  overwhelmingly in our interest to have Greece remain a strong  and vital part of the eurozone as it undertakes difficult reforms  to modernize its economy. We've made that view clear to  Europe, to the world, and to Greece," he said.
Commenting on Samaras' visit to the Oval Office, Biden said  that foreign policy issues would probably figure prominently in  the agenda, including the Greek government's plans for the EU  rotating presidency that it takes over in January, while he  underlined that the US-Greece relationship "matters a great  deal to both of our countries," highlighting Greece's help and  support in addressing "global security challenges", such as  operations in Libya or stabilising efforts in Kosovo, and the  country's role as an "essential voice" in the Eastern  Mediterranean.

(Combined Reports)

The articles posted on HellasFrappe are for entertainment and education purposes only. The views expressed here are solely those of the contributing author and do not necessarily reflect the views of HellasFrappe. Our blog believes in free speech and does not warrant the content on this site. You use the information at your own risk.