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Athens News Agency: News in English, 10-09-12

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

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

CONTENTS

  • [01] FinMin: Better climate for Greek economy

  • [01] FinMin: Better climate for Greek economy

    (-PA) -- Finance Minister George Papaconstantinou underlined on Friday that the climate was changing for the better as regards the debt- and recession-plagued Greek economy.

    "We must underscore the point that positive developments are not just a flash in the pan," he said while addressing an event organised by the National Bank of Greece.

    "Probably some adjustments may occur in policies, always according to data, but the direction remains only one: to fully implement the programme and change the country," Papaconstantinou noted.

    The minister announced that the International Monetary Fund (IMF) approved Friday the disbursement of another 2.5 billion euros of an emergency support package to Greece, on the basis of positive performances of the Greek economy.

    He also said that a Norwegian investment company has given a vote of confidence to the Greek economy by announcing that it would purchase Greek bonds. (-PA)

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