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Athens News Agency: News in English, 10-07-01

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

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

CONTENTS

  • [01] PM: Gov't took tough, necessary steps
  • [02] EIB signs 2.258-bln-euro loan agreement with Greece

  • [01] PM: Gov't took tough, necessary steps

    (ANA-MPA) -- Prime Minister George Papandreou, addressing a Cabinet meeting on Thursday, stressed that "the targets we had set in our programme are valid in full."

    Nevertheless, the conceded that some of the issues, such as those concerning salaries, are being temporarily postponed due to the major fiscal and debt crisis that the country is experiencing.

    "The targets, principles, the starting point of the targets are those that remain," he stressed, and added that at the same time they are those that must be turned into practice. "All that we promised must be turned into practice because they are those that deal a blow at the problem at its root," he said. (ANA-MPA)

    "The struggle is for us to avoid certain bankruptcy", he said, "which would have multiple disastrous consequences, not only for the economy and the country's reliability, but for all families, for all of the country's households ... The decisions were difficult," he stressed (ANA-MPA) and added that they were necessary "so that the basic rights of the citizens could be protected, as an ultimate analysis."

    [02] EIB signs 2.258-bln-euro loan agreement with Greece

    (ANA-MPA) -- To view this story contact the ANA-MPA's subscription department at 2106400560.
    Athens News Agency: News in English Directory - Previous Article - Next Article
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