Germany awards Greek PM prize for crisis management

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A German foundation awarded the Greek Prime Minister George Papandreou a prize Sunday for his efforts to consolidate the public finances of his debt-ridden country.

The prize from the Quadriga Foundation was "recognition of work carried out successfully by a whole nation... I accept it proudly, in the name of the Greek people," Papandreou said, according to a copy of the speech transmitted to AFP.

"We are in the process of creating a new Greece, a credible Greece, coherent, viable and, we hope, a prototype for a green economy in Europe," he added at the award ceremony in Berlin.

The Greek prime minister was praised for his "sincerity" and having "realised his consolidation plan with passion and good measure", according to a statement from the foundation.

The Quadriga prize, which refers to the quadriga of four horses pulling a chariot on top of the Brandenburg Gate in Berlin, is handed out annually on October 3 to mark the day of German reunification.

Previous winners of the Quadriga prize include British architect Norman Foster, French Foreign Minister Bernard Kouchner and Afghan President Hamid Karzai, for their "visionary spirit, courage and responsibility".

© 2010 AFP

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