Greek PM: European 'Marshall Plan' for Greece

(ANA-MPA) -- The eurozone heads of state and government late Thursday in Brussels agreed a new 109 billion euro support programme for Greece supported by the International Monetary Fund (IMF) and with the voluntary contribution of the private sector to "fully cover the financing gap", over which Greek prime minister George Papandreou expressed full satisfaction, calling it a "European 'Marshall Plan'" for the country. Papandreou expressed full satisfaction with the decisions taken at the extraordinary eurozone summit, speaking at a pres conference after the marathon deliberations. Thursday's eurozone summit decisions, the prime minister continued, ensure: the long-term sustainability of the Greek debt and create the conditions for full yield of the stabilisation programme for the Greek economy; put into effect an integrated support programme for the Greek real economy, aiming at the speediest possible return to positive growth rates; ensure the country's borrowing needs up to 2020 with respect to the tradable part of the debt (non-tradable is the part of the debt in the possession of central banks, eurozone countries and the IMF);