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Athens News Agency: News in English, 08-11-13

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

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

CONTENTS

  • [01] Former Turkish DM Yakis praises role of energy pipelines in regional stability
  • [02] Gov't welcomes National Bank relief measures

  • [01] Former Turkish DM Yakis praises role of energy pipelines in regional stability

    Former Turkish defence minister Yasar Yakis on Thursday emphasised here that the construction and operation of energy pipelines contributes greatly to regional stability.

    Yakis, who chairs the Turkish national assembly's committee for European harmonisation, arrived in the Greek capital to address the 3rd annual lecture series hosted by the International Centre for Black Sea Studies, as he spoke on the topic of "The Black Sea and the Crisis in Georgia".

    Yakis said the verifiably improved relations between Greece and Turkey are, in part, due to the increase in bilateral trade and growing economic ties, which he said may be reflected positively in the political sector.

    Additionally, he said any future prospects of shipping Iranian natgas to the west would have to come via a new pipeline, as the current Turkey-Greece-Italy pipeline would not be able to accommodate the extra volume.

    Asked about the recent warfare in Georgia and its repercussions on the international energy market, Yakis emphasised that all of the affected parties "will pay the maximum attention to not overturning this balance".

    [02] Gov't welcomes National Bank relief measures

    Development Minister Christos Folias expressed satisfaction for a response by the National Bank of Greece over his recent call for consumer relief measures with the adoption of a second package of measures, including lower interest rates and easier payments of credit card debts. Folias also expressed certainty that "other banks will follow suit for the sake of balance, economy and the consumers."
    Athens News Agency: News in English Directory - Previous Article - Next Article
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