http://www.canadianbusiness.com/article/97850--greek-premier-says-painful-last-round-of-cuts-will-help-restore-country-s-credibility

Greek premier says painful 'last round' of cuts will help restore country's credibility

By The Associated Press  | September 08, 2012

"THESSALONIKI, Greece - Greek Prime Minister Antonis Samaras says the final round of austerity measures contains painful and unjust cuts but is necessary to restore Greece's credibility and continue to receive funding from creditors.

Samaras says "all unjust cuts" will be restored once the economy starts growing again.

Debt-laden Greece is in the fifth year of a deep recession that has seen its economy shrink by 20 per cent and the jobless rate soar to 24.4 per cent in June. Massive aid from the EU and IMF has helped the country stave off bankruptcy."