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Athens News Agency: News in English, 10-05-01

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

From: The Athens News Agency at <>


  • [01] Intensive consultations on new measures
  • [02] Eurogroup meets Sunday
  • [03] FinMin: Very close to agreement
  • [04] Nimetz briefs UN Sec.Gen
  • [05] Karatzaferis in Cyprus
  • [06] Athens Newspaper Headlines

  • [01] Intensive consultations on new measures

    Prime minister George Papandreou was holding on Friday consecutive consultations with his top ministers on the progress in the negotiations with a visiting delegation of the so-called "troika" of the European Commission, European Central Bank (ECB) and International Monetary Fund (IMF) on a new package of harsh economic measures expected to be announced in the coming days, while in Brussels Commisioner for economic and monetary affairs Olli Rehn's spokesman said that completion of the intensive negotations in Athens on the conditions of the EU support package to Greece was "visible".

    [02] Eurogroup meets Sunday

    Brussels (ANA-MPA) -- Eurogroup president Jean-Claude Juncker, prime minister of Luxembourg, has called an emergency meeting of eurozone finance ministers on Sunday, at 5:00 p.m. Greek time, to take decisions on the EU support mechanism for the Greek economy, a spokesman for Juncker announced in the Belgian capital on Friday.

    The spokesman said that the ministers will discuss the outcome of the currently ongoing negotiations in Athens between a team of the so-called "troika" comprising European Commission, European Central Bank (ECB) and International Monetary Fund (IMF) officials with the Greek authorities.

    Junker and EU Commissioner for economic and monetary affairs Olli Rehn will hold a joint press conference after the meeting.

    [03] FinMin: Very close to agreement

    Finance minister George Papaconstantinou said on Friday that "we are very close" to agreement on the EU support mechanism for the Greek economy, adding that the government "will do whatever necessary for the country's salvation".

    Addressing an Economist international conference in Athens, Papaconstantinou said that the government is pushing forward a three-year program of reforms and harsh adjustment so that the country will have no immediate borrowing problem.

    But even more so, the program will give Greece the ease, without the daily anxiety of the fluctuations on the international markets, to kick-start the major changes necessary, the minister added.

    "We are determined to take the decisions that will determine Greece's course in the coming years and the future of the next generations," Papaconstantinou stressed.

    He said that if this discussion had taken place two months ago, the sum of the assistance would have been smaller and the actions that Greece needed to take would also have been smaller. "The measures announced in March proved insufficient, on the one had due to the deficit and on the other to the fact that the time we thought we had at our disposal proved much less," he said.

    In all cases, he assured, the government will protect the vulnerable and will not allow their marginalisation.

    "But it is necessary to contain the deficit and the debt and restore our country's credibility," he stressed.

    [04] Nimetz briefs UN Sec.Gen

    New York (ANA-MPA) -- UN secretary general Ban Ki-moon met in New York on Thursday with his personal emissary in the FYROM name talks, Ambassador Matthew Nimetz, to discuss the current state of the talks, according to an announcement by the secretary general's spokesman.

    The announcement noted that Nimetz met separately in the past week with the FYROM negotiator Ambassador Zoran Jolevski and Greek negotiator Ambassador Adamantios Vassilakis, in the framework of the talks between the two sides, in order to hear their views on the current status of the talks.

    [05] Karatzaferis in Cyprus

    Popular Orthodox Rally (LAOS) leader George Karatzaferis arrived in Nicosia on Friday afternoon on a two-day visit to Cyprus.

    While in Nicosia, Karatzaferis will have meetings with the political leadership of Cyprus.

    On Friday evening, the LAOS leader is due to meet with Cyprus President Demetris Christofias.

    [06] Athens Newspaper Headlines

    The weekend edition of Athens dailies at a glance

    The new package of austerity measures to be announced in the next days and citizens' reactions dominated the headlines on Saturday

    ADESMEFTOS TYPOS: "Cutbacks in salaries with individual working contracts!"

    APOGEVMATINI: "Shock and awe - Unemployment, high cost of living, insecurity and poverty".

    AVGHI: "And finally, barbarism - The alternative answer will be given through struggles...".

    AVRIANI: "Let's rent to the Russians an island for 100 billion euros to use it as a war base for a hundred years and kick out the Germans and the Americans".

    CHORA: "Prime Minister George Papandreou's bombs devastate society".

    ELEFTHEROTYPIA: "Greeks in the time of cholera".

    EPOCHI: "Labour Day: Everybody in the streets - They( government, EU, ECB and IMF) are ruthless, we are determined".

    ETHNOS : "Contract of terror, three years of austerity for salaries and pensions - The reprecussions of the harsh measures for millions of households".

    KATHIMERINI: "Greece's tough wager - The cost of the new measures and the reprecussions for the political scene".

    LOGOS: "IMF imposes 12 shocking measures".

    NIKI: "PASOK(the party) and the people say NO - Greece belongs to the Greeks not the IMF".

    PROTO THEMA: "Greece is saved, Greeks are destroyed - Despair over EU,IMF's unbearable measures".

    RIZOSPASTIS: "Labour Day of the classes with PAME ( Labour union affiliated to the Communist Party of Greece) - Workers, farmers and professionals alliance".

    TO PARON " The end... The country is sinking into chaos and the people are climbing a Calvary".

    TO VIMA: "Fear, rage and hope - Citizens accuse political parties and politicians".

    TYPOS TIS KYRIAKIS: "Pogrom in public sector - 300,000 lay offs by 2013".

    VETO: "Greece for sale at discount - Sold for 120 billion euros".

    VRADYNI: "Cutbacks in pensions - Abolition of benefits and bonuses".

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