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Athens News Agency: News in English, 10-08-30

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

From: The Athens News Agency at <>


  • [01] No new austerity measures
  • [02] Athens Newspaper Headlines

  • [01] No new austerity measures

    Employment & Social Insurances Minister Andreas Loverdos was quoted on Sunday as precluding any new austerity measures, while adding that the country's emergence from the current economic and fiscal crisis will be achieved via the completion of already announced reforms and, primarily, through economic growth.

    In an interview published in the Sunday edition of the Athens daily "Eleftherotypia", he stated that most supplementary pension funds in the country are in a "good shape", whereas any measures dealing with the latter will be considered after actuarial studies are completed by April 2011.

    In response to heated opposition criticism of the memorandum agreed to by the government and the EU-ECB-IMF "troika", the key minister underlined that "for Greece to overcome the memorandum it will have to implement it in a clear and unwavering manner".

    In an unrelated development, Loverdos, a veteran PASOK minister in previous governments, ruled out his candidacy for the Athens municipality in the upcoming November election.

    [02] Athens Newspaper Headlines

    The Monday edition of Athens ' dailies at a glance

    The state's efforts to collect revenues and Prime Minister George Papandreou's policy statements at the Thessaloniki International Fair (TIF), main opposition New Democracy (ND) leader Antonis Samaras' sharp criticism of the government, press speculation over tension within ruling PASOK party and ubiquitous issue of social security funds' financial health mostly dominated the headlines on Monday in Athens' newspapers.

    ADESMEFTOS TYPOS: "Government to change civil servants' payroll system".

    APOGEVMATINI: "Society ready to explode, PASOK a boiling cauldron".

    AVRIANI: "Civil war in PASOK over Fofi's (Gennimata) candidacy (in Athens )".

    ELEFTHEROS: "Papandreou-Samaras' secret agreement on local government elections".

    ELEFTHEROS TYPOS: "Recession and collapse in revenues lead government to new painful measures".

    ELEFTHEROTYPIA: "Ten packages without money in state coffers'.

    ESTIA: "Simple solutions for economy - The problem lies in politicians understanding them".

    ETHNOS: "Nine taxes shake real estate market".

    IMERISSIA: "Social security funds lose six billion euros from shares, bonds".

    NAFTEMPORIKI: "New framework in monitoring of state contracts - Independent authority to be established".

    TA NEA: "State property to private interests".

    VRADYNI: "Antonis Samaras' sharp attack against government: Memorandum devastating economy and society".

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