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Athens News Agency: News in English, 11-06-05

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

From: The Athens News Agency at <>


  • [01] 'Greek program going better than reported'
  • [02] FM visits Mount Athos

  • [01] 'Greek program going better than reported'

    NEW YORK CITY (ANA-MPA / P. Panayiotou) -- The IMF's "point man" in the 110-billion-euro EC-ECB-IMF bailout for Greece on Friday reiterated that the closely watched economic adjustment and reform programme being implemented in the east Mediterranean nation is going "better than most think", as many goals have already been achieved.

    Speaking only hours after the Greek government said it successfully concluded talks in Athens with representatives of the EC-ECB-IMF "troika" over approval of the fifth tranche of the bailout, Thomsen nevertheless added that much remains to be done. ana-mpa

    Thomsen, the International Monetary Fund's deputy director of its European department and the IMF mission chief for Greece, underlined that a decisive effort is now needed by the Greek government to combat pervasive tax evasion in the country.

    The high-profile IMF executive spoke at a panel discussion entitled "The Greek Economy After One Year of Reform: Progress and Challenges", hosted by the St. George Greek Orthodox Church in Bethesda, Md.ana-mpa

    In other statements, Thomsen said the Memorandum signed one year ago with the Greek government is now changing, as conditions have changed, while he emphasised that similar restructuring programmes often experience problems during their implementation. "... they are overcome though when there is devotion to the targets," he added.ana-mpa

    More ominously, he emphasised that without the EC-ECB-IMF support package Greece would have collapsed, economically.

    Other speakers at the event included Irene Ninetta Kyriakopoulos, a professor at the National Defense University; Thanos Catsambas, a former assistant director of the fiscal affairs department at the IMF, as well as moderator Evangelos Calamitsis, a former director of the IMF's African department.

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

    [02] FM visits Mount Athos

    ANA-MPA/Foreign Minister Dimitris Droutsas arrived on the Mount Athos monastic community on Saturday for a two-day visit, as the semi-autonomous territory located on a northern Greece promontory falls under the foreign ministry's jurisdiction.

    Droutsas also chairs an inter-ministerial committee established to study and promote Mount Athos and to focus on the issues pertinent to the renowned Orthodox all-male monastic community.ana-mpa

    The FM was accompanied by top ministry officials and the state-appointed governor of Mount Athos, A. Kasmiroglou.

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

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