HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Read the Monthly Armed Forces Magazine (Hellenic MOD Mirror on HR-Net)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Sunday, 22 October 2017
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens News Agency: News in English, 11-01-27

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

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

CONTENTS

  • [01] PM address at Davos forum
  • [02] Troika experts begin latest inspection 

  • [01] PM address at Davos forum

    DAVOS (ANA-MPA) -- The Greek problem is more a problem of governance and a lack of transparency, Prime Minister George Papandreou said here on Thursday.

    In his opening address during a discussion on economic reforms in the European Union, the Greek premier said a year ago people asked if Greece would default.

    "We took all measures with responsibility, we did our duty. We emphasised full transparency and already we are one of the most transparent countries in the world. We cut the deficit by 6.0 pct, resolved the pension problem and are opening up closed professions. But markets have not reacted yet," Papandreou said.

    He noted that financial system should be more transparent and added that the necessary tools are needed to calm markets.

    Commenting on the European Financial Support Fund (EFSF), Papandreou said it should be robust and flexible. Europe is currently debating financial governance, equality and common values, he said, adding that Europe was a large and peaceful project. "We want Europe to be a model of governance and green growth," he added. (ANA-MPA)

    Meanwhile, on the sidelines of the eponymous World Economic Forum in the Swiss resort of Davos, Papandreou met with the forum's president and founder, Klaus Schwab. The latter reportedly praised the Greek PM and people's efforts over the recent period. (ANA-MPA)

    More details on the subscriber's page of ANA-MPA | Subscription request form

    

    [02] Troika experts begin latest inspection

    (ANA-MPA) -- "troika" group of experts on Thursday began their regular inspection of the Greek economy, ahead of a decision to approve payment of the fourth tranche of a loan, worth 15 billion euros, to the country next month.

    The troika experts visited the finance ministry and will visit the Hellenic Statistical Authority, the Bank of Greece and government ministries related with the memorandum.

    The troika heads are expected to arrive in Athens next Monday. The inspection will focus on ratifying a revised memorandum and specifying measures, worth 12.77 billion euros, needed for the period 2012-2014. These measures will be published in the next few weeks, as part of a Stability Programme to be submitted with the European Commission and to become a law of the state by the end of April. (ANA-MPA)

    More details on the subscriber's page of ANA-MPA | Subscription request form


    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Thursday, 27 January 2011 - 21:30:15 UTC