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Athens News Agency: News in English, 12-03-05

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

From: The Athens News Agency at <>


  • [01] FinMin: Return of deposits must be encouraged
  • [02] Athens Newspaper Headlines

  • [01] FinMin: Return of deposits must be encouraged

    AMNA--Greek finance minister Evangelos Venizelos stressed the importance of encouragement the "movement of return" of deposits to Greek banks in order to help the economy and spur growth, speaking on Monday morning on private Antenna television station.

    He said that 70 billion euros in deposits have been withdrawn from banks in Greece since 2009, of which only 16 billion have been transferred as remittances abroad, while many billions are in homes "in mattresses or chests".amna

    Venizelos acknowledged that statements by politicians terrified the public with pictures of crisis, warning that if the economic psychology does not change, neither will the attitude of the people, while he also put blame on all the political parties for the crisis.

    He further charged that populism, demagoguery and "easy promises" continued to be rampant even in the midst of this "national misadventure".amna

    On taxation, Venizelos said that the state's collection mechanism cannot collect all the debts by itself, adding that a result will arise gradually, given that the government has to do battle with a decades-long situation. "We are a society full of exceptions. We need to put this in order. The citizens need to act with us in order to tackle tax-evasion," he said.

    [02] Athens Newspaper Headlines

    The Monday edition of Athens' dailies at a glance

    The procedures for the implementation of the PSI and the imminent snap elections as well as the taxation on real estate, mostly dominated the headlines on Monday in Athens' newspapers.

    ADESMEFTOS TYPOS: "General elections on 29 April or May 6".

    AVRIANI: "Return to drachma the only solution for Greece".

    DIMOKRATIA: "Endless torture with new venomous measures".

    ELEFTHEROS TYPOS: "New surcharge with...variation".

    ESTIA: "Possible surprises in snap elections".

    ETHNOS: "Fewer university entrants than in 2011".

    IMERISSIA: "Twenty suitors for DEPA (state-own gas company) and DESFA (gas grid operator)".

    NAFTEMPORIKI: "Crucial week for the implementation of the PSI".

    TA NEA: "20 taxes skyrocket".

    VRADYNI: "Twelve traps for taxpayers".

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