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Athens News Agency: News in English, 09-03-01

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

From: The Athens News Agency at <>


  • [01] Papandreou on 'green development', elections

  • [01] Papandreou on 'green development', elections

    Main opposition PASOK party leader George Papandreou considers "green development" as being the force of reversal for the country's ills. Papandreou, who was speaking in an interview with the Athens newspaper "Kathimerini", said that his party proposes "targeted, longterm planned and qualitative growth."

    He went on to say that "we shall put an end to the state of unaccountability prevailing in the country's banking system," adding that "if necessary and if the necessary capital adequacy of banks is not secured by their shareholders, we shall not hesitate to proceed with nationalisations."

    Papandreou also considers the holding of elections soon a necessity, stressing that "it is an act of responsibility for us to be requesting an end to this downhill course."

    CAPTION: ANA-MPA file photo of main opposition PASOK party leader George Papandreou.

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