Even though the stock market is bearish due to the debt crisis of Greece and other countries of Euro zone. Measures have been taken up and Greece finance minister Evangelos Venizelos stated some statements in meetings of G20 and IMF. The Greece and euro zone countries may go bankrupt is actually a ridiculous thing he stated as Greek authorities need 11 billion dollars. There has been social unrest in Greece and there is a speculation of Greece going into default and get more into crisis.

The authorities of Greece may even bring in privatization deals as there has been increase pressure given from the creditors. The tough fiscal targets has bought in tough times for Greece and its people as they have taken more efforts to bring in changes. Greece will live up to its commitments given and Greece will fight its way out towards Growth and prosperity even after the period of pain stated Papandreaou. The decisions which will be taken up by the European leaders during July 21 will help in the rescue of EU and go towards the right direction. The reforms will need some time to yield good results and the efforts will surely solve the crisis stated the Greek leader.

The Greek leader compared the position of Greece with former communist east Germany and whether he is elected or not his aim is to save the country. Greece has taken most energy to build back its structure and as the stock market rallied during Tuesday the hope still goes on. In-spite of all these one can notice that the European leaders are taking hold of the long running crisis which is threatening the euro project.