Papandreou in Brussels on Wednesday

    Prime Minister George Papandreou on Wednesday will fly from Budapest to Brussels where he will hold talks with European Commission President Jose Manuel Barroso.

    Prime Minister George Papandreou, speaking on Tuesday at an event of the Hungarian Socialist Party, together with the party's candidate in the April 11 elections, Atila Mesterhazi, said that Hungary and Greece are managing the crisis while, apart from this management, the specific period is a period of changes that will lead to the stabilisation of the economy and will pave the way for "green growth", as well as fairer economies and fair redistribution of wealth.

    The prime minister said the crisis has an international character, mentioning that 20 years ago "the Berlin Wall fell and now the Wall Street wall fell and the mythologies on the God-state and the God-market fell with them respectively."

    Papandreou said "behind these mythologies lies a huge concentration of power, a concentration of bureaucracy and wealth and all this requires democratic arrangement, the enactment of rules and the enactment of limits for the handling of profiteering," stressing that one should cooperate in all these.

    He further said that the global governance constitutes a challenge for the younger generation and noted "we need more Europe and more global governance, whose challenge will be green growth, economic growth and democracy."

    "The vision of socialdemocracy is a realistic path of changes," Papandreou said.

   

   

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