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Athens Macedonian News Agency: News in English, 12-07-08

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

From: The Athens News Agency at <>


  • [01] FinMin: Negotiations need both parties at the table
  • [02] The Sunday edition of Athens' dailies

  • [01] FinMin: Negotiations need both parties at the table

    AMNA--Finance Minister Yannis Stournaras on Saturday touched on the government's closely watched policy statements for the economy, speaking in Parliament ahead of a vote of confidence on Sunday at midnight.

    "Prime Minister Antonis Samaras said truth is our first principle. I heard some people say that the Memorandum is responsible for the crisis. This is wrong and not true. The Memorandum is a repercussion of the crisis in Greece," he said, adding that without the loan agreement the country's economy would have collapsed.

    Nevertheless, he noted that "we could have had a better Memorandum if Greece had proceeded with constructive reforms." amna

    He also reminded that in order to negotiate, the other side must also want to sit down at the negotiating table, other "you wait".

    Stournaras said an immediate need is for the country to implement agreed to measures, adding that the extension of the loan agreement is mandatory due to major recession in order for an adjustment to be completed in a smoother way. amna

    "An extension means that someone will give us more money. And this means negotiations," he said.amna

    Finally, he referred to the four axis which the country should follow, namely, further fiscal adjustment, greater productivity, reinforcement of the growth and establishment of a modern social state.

    [02] The Sunday edition of Athens' dailies

    The Sunday edition of Athens' dailies at a glance.

    The debate on the government's policy statements and negotiations with the troika (EC,ECB,IMF) mostly dominated the headlines on Sunday in Athens' newspapers.

    AVGHI: "They're (government) accountable for looting", a headline by the SYRIZA party-controlled paper warning against any and all privatisations.

    AVRIANI: "SYRIZA leader Alexis Tsipras, PASOK leader Evangelos Venizelos head-on collision in Parliament".

    DIMOKRATIA: "Elderly led to poverty".

    EPOCHI: "From renegotiation to everything for sale".

    ELEFTHEROS TYPOS: "The less state plan".

    ETHNOS: "Battle over state's 'silver ware',"

    KATHIMERINI: "Troika's red cards".

    PROTO THEMA (weekly): "Up to 60 years extension for loan repayments".

    RealNews: "Troika to gov't: Sell to save!"

    TO PARON: "Samaras: We can!"

    RIZOSPASTIS: "New Democracy, PASOK, Democratic Left coalition governement intensify the war against the people".

    TO VIMA: "Everything for sale in order for taxes to be cut".

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