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About the Speech: In his address Mr. Papandreou examined the reforms required in both the Eurozone and Greece, in order to return the Eurozone to a path of sustainable growth. According to Mr. Papandreou there is an underlying problem with Greek institutions with the need for greater transparency and reforms in the tax system and bureaucracy in order to produce a working democracy and economy. At the same time, the Eurozone itself has an incomplete architecture which requires reform.
About the Speaker: George A. Papandreou (born June 16, 1952) is former Prime Minister of Greece, current President of Socialist International and former President of the Panhellenic Socialist Movement (PASOK). He served as the 11th Prime Minister of Greece from October 6, 2009 – November 11, 2011, after PASOK’s victory in the October 2009 national elections. As Prime Minister of Greece, George Papandreou was at the forefront of the global financial crisis, participating in complex and difficult negotiations, and agreeing a series of structural reforms to modernize his country. He also served as Foreign Minister of Greece from 1999–2004.