If We Were Going To Default, We

Greece Has Great Strengths, But Much Of This Potential Has Been Wasted. That's Because Of A Wider Political System, But Also Because Of A Lack Of An Institutional Framework.

We Have Made Major Reforms In Greece. When I Took Over After A Landslide Victory We Had A Mandate For Change And I Knew My Major Focus Would Be Re-organizing The State.

We Had About 60 Regions In Greece And Now There Are Only 13. It'd Be Like Cutting Down 50 States To 13 And Making It More Efficient.

First Of All, Greece Won't Go Down. We're Talking About A Country That Is Capable Of Making Change. Europe Will Not Allow The Destabilization Of The 27-country Euro Zone. But If There Were No Action, Then Markets Would Start Becoming Jittery About Other Countries - And Not Only Spain And Portugal, But Other Countries In The European Union.

If You Put All The European Countries Together, We Are The Biggest Economy In The World.