Papademos: We've reached end of massive effort
AMNA--Prime Minister Lucas Papademos on Wednesday stressed, in his opening address at a Cabinet meeting, that "we are reaching the end of a massive effort" to secure the country's continued funding.
Papademos also referred to Thursday's IMF meeting, assessing that it will take a positive decision on its participation in the second bailout package for the country, participation that will amount to 28 billion euros.
The prime minister also termed as positive the upgrading of the country's credit rating by six notches by the Fitch credit rating firm. amna
He stressed, however, that several tasks must still be done by the country in the coming weeks, namely, the taking of measures to fulfil commitments, as well as legislative bills that must be immediately ratified by Parliament.
In reference to the upcoming March 25 Independence Day parades, he called on all Cabinet members to attend events.
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