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Athens News Agency: News in English, 11-07-04

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

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

CONTENTS

  • [01] FinMin: Return to growth rates
  • [02] Áthens Newspaper Headlines

  • [01] FinMin: Return to growth rates

    ANA-MPA/The initiatives the Greek government will take in the coming days and weeks aim exclusively at the economy's recovery, halting recession and a return to growth rates, finance minister Evangelos Venizelos said on Monday, prompted by a newspaper report of an "avalanche of new measures" arising from the updated Memorandum agreed on Saturday.

    "The constant recycling of the well-known 'information', which is presented daily as new information, creates a sense of insecurity that obstructs the creative forces of the country," said Venizelos, who is also a government vice-president, commenting on an article appearing in the Athens daily Eleftherotypia.

    According to the newspaper, the updated Memorandum signed on Saturday between the finance minister and the Troika, for the disbursement of the 12 billion euros 5th tranche of the 110 billion euro EU/IMF bailout loan, "contains tens of new, painful measures in addition those ratified by parliament last week".ana-mpa

    Venizelos clarified that the Memorandum "does not contain anything that has not been presented in detail in parliament during the debate and ratification of the Medium-Term Fiscal Adjustment Programme and its Implementation Law".

    "A fundamental prerequisite for the restructuring of the country is the prevalence of a climate of security as regards the framework within which we are acting," Venizelos said.

    "The initiatives that must be undertaken in the next days and weeks have as their only target the recovery of the economy, halt of recession, and return to growth rates, to the benefit of the citizens, and chiefly the unemployed and the weaker income brackets," the finance minister concluded.

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

    [02] Áthens Newspaper Headlines

    The Monday edition of Athens' dailies at a glance

    Due to a dispute between newspaper distribution agencies and outlets that sell newspapers, only three dailies were on the newsstands in Athens on Monday.

    ELEFTHEROTYPIA: "Avalanche of new measures, contained in updated Memorandum signed on Saturday between the Greek finance minister and the Troika, without parliament being briefed on them".

    CITY PRESS (free daily): "Tough clash between university rectors, education ministry".

    METRO: "Matter of...sovereignty - National sovereignty of the Greeks will be restricted".

    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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