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Athens News Agency: News in English, 08-10-03

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

From: The Athens News Agency at <>


  • [01] PASOK on state of economy

  • [01] PASOK on state of economy

    Main opposition PASOK party spokesman George Papaconstantinou, referring on Friday to the report by the IOBE institute on the state of the economy, said "Greek society has different problems with which it would want the government to deal with, but the latter is dealing with other issues."

    IOBE's report mentions that "a worsening is being recorded in all sectors of the economy" and refers in particular to industry, services, retail trade, public works, consumer confidence that is recording a new record low and the financial state of the household.

    Commenting on a statement by Finance and Economy Minister George Alogoskoufis on the guaranteeing of all bank deposits, Papaconstantinou said that the European Commission replied that it is not aware of any such thing, while noting that the government clarified on Friday that it concerns the increase in the ceiling for deposit guaranteeing from the current 20,000 euros to 30,000 euros.

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