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Athens News Agency: News in English, 10-08-29

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

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

CONTENTS

  • [01] ND again calls for 'different policy mix'
  • [02] Greece downs Puerto Rico in world basketball championship

  • [01] ND again calls for 'different policy mix'

    (ANA-MPA) -- Main opposition New Democracy (ND) party leader Antonis Samaras, in an article published in an Athens weekly on Sunday, again aired and detailed his criticism of the government and the memorandum agreed to between the state and the EU-ECB-IMF "troika".

    Samaras referred to a worsening of a series of economic indicators and concluded that "the memorandum is not a restructuring of public finances. It is killing the Greek economy and dissolving Greek society."

    He reiterated a proposal for a "different policy mixture," with measures that combat the deficit and recession simultaneously; which will erase the deficit in two years and slash the state debt to 100 percent of GDP by 2013 -- compared to 150 percent that he predicted on the basis of the memorandum policy.

    "With our plan we shall do away with restrictions of the memorandum, so that we can follow a policy of growth; not dolling out grants with borrowed money, but with a decrease in tax rates and a drastic abolition of distortions; a strengthening the competitiveness of the Greek economy," Samaras stressed.

    Lastly, he aired a personal criticism of the prime minister, saying that his policy is leading the country into the "vicious circle of recession", while ND's political proposal is an exit from the crisis with recovery and growth.

    [02] Greece downs Puerto Rico in world basketball championship

    ANKARA (ANA-MPA) - Greece beat Puerto Rico 83-80 here on Sunday, posting its second straight victory in Group C of the World Basketball Championship. The 10-minute intervals were: 23-21, 41-35, 56-59, 80-83.
    Athens News Agency: News in English Directory - Previous Article - Next Article
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