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Athens News Agency: News in English, 08-09-30

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

From: The Athens News Agency at <>


  • [01] PM's assurances on stability of banking system
  • [02] Church's EU funds discussed
  • [03] Papoulias receives Speckhard

  • [01] PM's assurances on stability of banking system

    Prime minister Cosas Karamanlis stressed on Tuesday that the government, in cooperation with the country's central bank, the Bank of Greece (BoG), ensured and guaranteed the stability of the Greek banking system and was protecting the interests of the Greek citizens.

    Speaking after an Inner Cabinet meeting, which focused on the global economic crisis, Karamanlis said that the government, with determination, was taking care so that the crisis that has hit the global banking system would be tackled with the fewest possible repercussions for the Greek economy.

    Karamanlis assured that the Greek banking system was robust, secure, and capable of withstanding the shocks of the international crisis.

    [02] Church's EU funds discussed

    Archbishop Ieronymos of Athens and All Greece, the members of the Holy Synod and the government's economic staff, headed by National Economy and Finance Minister George Alogoskoufis, discussed issues concerning the management of EU funds destined for the Church, during a meeting held at the Penteli Monastery Inter-Orthodox Center, near Athens, onTuesday. Alogoskoufis commented to reporters afterwards that the meeting focused on the best preparation of the Church when claiming Community funds to be used for infrastructure projects.

    Responding to a question on the international economic situation, he said that developments as regards the bailout plan prepared by the US administration are unfavorable expressing, however, certainty that the United States will come up with a solution. Referring to Greece, he stated that there are no direct consequences as a result of the international financial crisis and that the country's banks are not exposed to risks, stressing that the government and the Bank of Greece were closely following the developments.

    Caption: ANA-MPA file photo of Church of Greece headquarters in Athens

    [03] Papoulias receives Speckhard

    President of the Republic Karolos Papoulias received on Tuesday the US ambassador in Athens Daniel Speckhard.

    Speckhard hand-delivered to the President a letter from US President George Bush and British Prime Minister Gordon Brown concerning the global food crisis.

    The letter states the importance for initiatives to be taken in order to combat the problem and the how countries all over the world can contribute to the effort.

    Caption: ANA-MPA file photo of President of Republic Karolos Papoulias

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