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Athens News Agency: News in English, 10-05-13

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

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

CONTENTS

  • [01] PM: Resurgence in investor interest
  • [02] Superleague playoff results

  • [01] PM: Resurgence in investor interest

    The activation of the European support mechanism for Greece has led to a resurgence of interest by investors, Prime Minister George Papandreou told members of his cabinet during an informal meeting held on Wednesday to discuss ways to boost economic growth.

    Papandreou stressed that this interest had been expressed mainly after the rescue package for Greece was approved, showing that this had created a sense of security and stability for investors, who considered Greece protected by the support of the European loan mechanism.

    Regarding ways to revive growth, the prime minister stressed that developmental legislation was not a panacea but only part of an overall effort that must strive to create a viable and competitive model for growth.

    He stressed that Greece must take advantage of the present opportunity in two ways: firstly by facilitating enterprise and abolishing all bureaucratic obstacles, such as those required in order to found or operate a business; and secondly, by creating conditions that will help the country, inviting the kind of investment that will give another type of developmental prospect and another growth model.

    The prime minister repeated that social justice was among the priorities of the government, which would take all possible action to support the weaker sections of society. He stressed that the PASOK government was part of the solution and not part of the problem that offended the electorate's sense of justice, though it still had to prove this.

    The Greek people can daily see that there is justice and that this takes tangible form in anything related to cases of corruption, he added.

    [02] Superleague playoff results

    PAOK Thessaloniki subdued Olympiacos Piraeus 1-0 away and Aris Thessaloniki drew 1-1 at home with AEK Athens on Wednesday on the fourth day of the Super League playoffs, leading to a position in the European Champions League qualifying rounds. PAOK has secured first place in the playoffs and will participate in the Champions League's third qualifying round.

    Standings:

    PAOK 13 points

    Olympiacos 7

    AEK 6

    Aris 4


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