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Athens News Agency: News in English, 11-03-10

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

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

CONTENTS

  • [01] PM: We need support of our partners
  • [02] ND spokesman sharply criticises gov't
  • [03] Protest against Gaddafi gov't
  • [04] Study details problem of illegal products, market 

  • [01] PM: We need support of our partners

    PARIS (ANA-MPA - O. Tsipira) -- Prime Minister George Papandreou on Thursday said lowering the interest rate and extending the maturity of European Union and IMF loans to Greece would be "decisive factors" to guarantee that the country was able to continue meeting its long-term objectives. He also warned against the prospect of restructuring Greek debt, saying that this could have dire consequences for Greece but also for Europe.

    "We are putting our house in order but we need the support of our European partners," Papandreou said in an interview published by the French newspaper "Le Monde" ahead of a Eurozone leaders meeting on Friday. If markets failed to respond to Greece's efforts, the EU would have to step in in order to assist Greece's efforts and stabilise the Euro zone, he added.

    "There are considerable margins to manoeuvre in order to relax the terms of the financial support programme," Papandreou said.

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

    

    [02] ND spokesman sharply criticises gov't

    (ANA-MPA) -- The main opposition New Democracy (ND) party on Thursday lashed out at Prime Minister George Papandreou personally, accusing him of "torpedoing the (political) consensus".

    ND spokesman Yiannis Mihelakis pointed out that the premier chose to criticise ND leader Antonis Samaras a day after their meeting and while there was a consensus on what he termed the "self-evident", namely, a debt repayment extension, Eurobonds, etc.

    Referring to the imminent EU summits, Mihelakis underlined the need to relax the terms of the Memorandum, pointing out that Samaras was the first to present specific debt management proposals.

    Mihelakis also reminded relevant statements made by European Commissioner Olli Rehn, stressing that "there is a positive framework".

    Moreover, he stressed that Papandreou had pressured IMF head Strauss-Kahn into accepting Greece's appeal for assistance while, at the same time, he (Papandreou) was condemning the IMF. (ANA-MPA)

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

    

    [03] Protest against Gaddafi gov't

    (ANA-MPA) -- A protest was held by Libyan nationals living in Greece outside the North African country's embassy in the Greek capital against the Gaddafi regime, while they also demanded the resignation of the Libyan envoy in the country.

    Protesters called on the Libyan ambassador to take a position on the conflict currently raging in the oil-rich country in the southern Mediterranean and recognise the temporary administration set up in eastern Libya, or otherwise, resign.

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

    

    [04] Study details problem of illegal products, market

    (ANA-MPA) -- Twenty percent of illegal products in the European Union are confiscated in Greece, according to figures for 2009, when the volume of imports in Greece accounted for 1.7 pct of total imports in the EU, a survey by the Athens Chamber of Commerce and Industry (EBEA) revealed on Thursday.

    Presenting the survey, EBEA president Costas Mihalos said the chamber has repeatedly warned over the negative effects of a rising illegal commerce in the country and has recommended specific measures and actions to combat this rising phenomenon.

    According to the survey, the number of illegal products confiscated in the EU more than quadrupled in the 1999-2009 period, from 25 million products to almost 118 million euros, with the number of confiscated products peaking in 2008 (179 million).

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


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