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Athens News Agency: News in English, 08-10-20

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

From: The Athens News Agency at <>


  • [01] Deputy FM Valinakis meets with the Greek-Canadian community
  • [02] Transport disruption expected due to 24-hour strike Tuesday
  • [03] Current accounts deficit up
  • [04] FM meet ODIHR Director

  • [01] Deputy FM Valinakis meets with the Greek-Canadian community

    Deputy Foreign Minister Yannnis Valinakis met with members of the Greek-Canadian community in Montreal on his way back to Athens after attending the Francophone Summit in Quebec on October 17-19 heading a 12-member delegation. Valinakis stressed that Greece is a strong country with a strong economy and an equal member of the EU pointing out that the Greek-Canadians should feel safe and proud. He referred to the voting rights of the Greek expatriates stressing that consultations are being made with all political parties represented in parliament to ensure a 2/3 majority needed for the relative draft law to be passed. He stressed that the Greek government's intention is to give as soon as possible the right to vote to the Greeks abroad to strengthen even more the ties between Greece and the Greeks of Diaspora. On the FYROM name issue, Valinakis pointed out that in the meeting he had in Quebec with Canadian Prime Minister Stephen Harper and foreign ministry officials he conveyed the discontent of the Greek government and the Greek-Canadians for the recent recognition of FYROM by Canada under the name "Macedonia". He stated that bilateral relations between Greece and Canada remain good adding that the Canadian government should reconsider its stance on the issue of FYROM. The deputy FM also referred to Turkey's aggressiveness and pointed out that it should stop its irrational demands because the road to the EU passes through the respect of human rights and maintaining good neighbourly relations with Greece.

    [02] Transport disruption expected due to 24-hour strike Tuesday

    The 24-hour nationwide strike called by public and private sector labour unions will cause serious disruptions to public transport services on Tuesday. The main demands of the strike, called jointly by the General Confederation of Workers of Greece (GSEE) and the Civil Servants' Supreme Administrative Council (ADEDY), are the adoption of measures to deal with the high cost of living and unemployment, and the social security issue, as well as in protest of the privatization of state companies. The Hellenic Railways (OSE), proastiakos suburban train and tram will be suspending service all day, while the metro, urban electric railway service (ISAP) and trolley bus will run from 9am to 9pm and the blue buses from 8am to 6pm. The air traffic controllers will strike from 12 at noon to 4pm and no flights will be made inside the Greek national air space. Most of the Olympic Airlines (OA) flights will be cancelled and only one flight per destination will be made due to the participation of the Federation of Civil Aviation Unions (OSPA) in the strike. The private airline Aegean Airlines announced that 23 of its flights will be cancelled while 26 will change time.

    [03] Current accounts deficit up

    Greece's current accounts deficit widened by 13.4 percent in the January-August period, to 21.989 billion euros, the Bank of Greece said on Monday. The central bank, in a report, attributed this development to higher deficits in the trade balance and the incomes balance during the eight month period.

    The trade deficit grew by 3.6 billion euros, reflecting a 2.641 billion euros increase in net payments on fuel imports. The trade deficit, excluding fuel and ships, showed export revenues grew 14 percent while import payments rose by 8.1 percent.

    The services surplus grew by 1.216 billion euros in the January-August period, reflecting an increase in net revenues from transportation services (1.140 billion euros), while gross revenues from transportation services (mainly commercial shipping) grew by 22.8 pct. Net proceeds from travel services grew by 242 million euros, while the incomes deficit widened by 1.068 billion euros, reflecting higher net payments on interest, dividends and profits.

    The current transfers surplus grew by 874 million euros, reflecting higher transfers from the EU to the Greek government. The financial transactions balance showed that direct investment recorded a net inflow of 1.166 billion euros, with the portfolio investment category recording a net inflow of 12.593 billion euros. The other investment category recorded a net inflow of 5.483 billion euros.

    [04] FM meet ODIHR Director

    Foreign Minister Dora Bakoyannis received on Monday the OSCE Office for Democratic Institutions and Human Rights (ODIHR) Director, Ambassador Janez Lenarcic, in view of Greece's assumption of the OSCE Presidency. Welcoming the Slovenian official at the foreign ministry, FM Bakoyannis stated that "Greece is ready for the presidency". No statements were made after the meeting.

    Caption: ANA-MPA file photo of Foreign Minister Dora Bakoyannis

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