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Athens News Agency: News in English, 08-07-09

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Barcelona Initiative summit in Paris
  • [02] Economy grows by 3.6% in Q1

  • [01] Barcelona Initiative summit in Paris

    Prime Minister Costas Karamanlis, accompanied by Foreign Minister Dora Bakoyannis and Deputy FM Yannis Valinakis, will attend the Barcelona Initiative: Union for the Mediterranean summit meeting to be held in Paris on July 13. The EU foreign ministers will hold a separate meeting within the framework of the summit.

    "The Union of the Mediterranean is an excellent opportunity promoting growth in the region through the materialization of specific programmes of developmental, economic and social dimension," foreign ministry spokesman George Koumoutsakos told a regular press briefing on Wednesday.

    The French initiative has been backed by Greece from the beginning through specific proposals.

    Meanwhile, FM Bakoyannis will be present at the meeting between PM Karamanlis and his Spanish counterpart Jose Luis Rodriguez Zapatero scheduled for Thursday at noon at the government headquarters in Athens.

    Caption: Foreign minister Dora Bakoyannis. (ANA-MPA / M. Marogianni)

    [02] Economy grows by 3.6% in Q1

    The Greek economy grew by 3.6 percent in the first quarter of 2008, compared with the corresponding period last year, Eurostat announced on Wednesday. In its final estimates over economic growth rates in the European Union, the EU executive's statistics agency said Eurozone's economy grew by 2.1 percent in the January-March period, from 2.2 percent an initial forecast, while in the EU-27 economic growth also slowed to 2.3 pct from 2.5 pct. Slovakia (8.7 pct) and Romania (8.2 pct) recorded the highest GDP growth rates in the first three months of the year, while Italy (0.2 pct) and Estonia (0.4 pct) the lowest growth rates.
    Athens News Agency: News in English Directory - Previous Article - Next Article
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