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Athens News Agency: News in English, 11-04-02

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

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

CONTENTS

  • [01] Debt restructure 'out of the question'
  • [02] 13th Athens Fasion Week continues 

  • [01] Debt restructure 'out of the question'

    (ANA-MPA)-Greece on Saturday ruled out a restructuring of the country's public debt, while the European Commission said it saw now reason for such a move, in response to a foreign press report earlier in the day that the International Monetary Fund (IMF) is pressing for a restructure, which was also denied by the IMF.

    Greek finance minister George Papaconstantinou, in a statement to Reuters news agency in Cernobbio on the sidelines of a business conference, said "there is absolutely no chance of a restructuring of the Greek debt"(ANA-MPA)

    In Brussels, Commission spokesperson Jens Mesters said that "all support measures are in place, and there is no reason now to start thinking of this possibility of restructuring Greece's debt".(ANA-MPA)

    The comments came in reaction to a report in the German magazine Der Spiegel earlier that IMF officials were urging a restructure of Greece's debt.(ANA-MPA)

    In Washington, the IMF denied the report and reiterated its support of the Greek government's position.(ANA-MPA)

    "As we have said consistently, the IMF supports the Greek government's position of no debt restructuring and its determination to fully service its debt obligations. Any reports claiming otherwise are wrong," an IMF spokeswoman told Reuters.(ANA-MPA)

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

    

    [02] 13th Athens Fasion Week continues

    Attracting thousands of visitors, the international press and celebrities, Athens Fashion Week has earned its place in the world of couture as Greek and international designers unite for this extravaganza at the Technopolis in Athens.

    The 13th Athens Fashion Week presenting the 2011/2012 Fall-Winter collections is running through Sunday at the City of Athens' Technopolis events complex.

    The event showcases renowned Greek fashion designers and newcomers, giving them the opportunity to establish their own identity and make their mark in the international fashion scene.

    Throughout the week, fashion shows will be staged by designers.

    Caption: A model presents a creation by Greek designer Andria during an Athens Fashion Week show on Friday. (ANA-MPA/A. Vlachos)

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


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