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Athens News Agency: News in English, 08-10-17

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

From: The Athens News Agency at <>


  • [01] Papandreou meets Serbian deputy PM
  • [02] Altec Telecoms to file for bankruptcy

  • [01] Papandreou meets Serbian deputy PM

    Main opposition PASOK party leader and Socialist International (SI) President George Papandreou met with visiting Serbian First Deputy Prime Minister Ivica Dacic on Friday.

    Papandreou underlined from the Benaki Museum in Athens, where the meeting took place, that the SI has contributed to the establishment of a new government in Serbia, characterizing its direction as "clear cut" and stressing that it is an "alliance government" with a European, democratic and social-democratic orientation.

    Papandreou stated that the Serbian government will have "considerable success" in its EU accession effort and stressed that PASOK will firmly support this endeavor, pointing out that this will benefit Serbia and the wider Balkan region.

    Papandreou and Dacic discussed Balkan issues, the international financial crisis and the Socialist Party of Serbia (SPS) accession course into the Socialist International.

    [02] Altec Telecoms to file for bankruptcy

    Altec Telecoms announced in a press release on Friday that it would file for bankruptcy later in the day due to "risk of financial inability", in accordance with Article 3, Paragraph 2 of the Bankruptcy Code.

    Altec also announced, however, that it intended to submit to the bankruptcy court, within the legal deadlines, a draft plan for reorganization of the company aimed at salvaging and streamlining ALTEC and its better exploitation.

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