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Athens Macedonian News Agency: News in English, 12-11-27

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

From: The Athens News Agency at <>


  • [01] KKE leader foresees political instability to prevail in the following years
  • [02] IMF chief welcomes Eurogroup decisions on Greece
  • [03] SYRIZA leader: Eurogroup solution 'is no solution'
  • [04] Births in Greece decline 2.7pct in 2010
  • [05] Greek coin exhibition in Geneva

  • [01] KKE leader foresees political instability to prevail in the following years

    AMNA--Communist Party of Greece (KKE) secretary general Aleka Papariga, referring to the eurozone debate on the crisis, said that "the entire discussion is about the eurozone".

    "Although it appears that they are discussing about Greece, they are seeking a model that in the future it will possibly be applied to Spain, Italy and even in France," Papariga said on private MEGA television station late Monday.

    Moreover, Papariga opined that there is a series of contradictions within the EU itself bit also between the EU- and the IMF on which the USA and China and other emerging capitalistic economies taking position.amna

    On Greece, she said that the political instability, including a prospective collapse of the government, will be the characteristics of the coming years in Greece, adding that everything will be determined by the popular intervention.

    [02] IMF chief welcomes Eurogroup decisions on Greece

    AMNA--International Monetary Fund (IMF) managing director Christine Lagarde welcomed the initiatives agreed by the Eurogroup on Greece, in a written statement issued by the IMF headquarters in Washington late Tuesday.

    Lagarde statement:

    "I welcome the initiatives agreed today by the Eurogroup aimed at further supporting Greece's economic reform program and making a substantial contribution to the sustainability of its debt. This builds on the significant efforts by the Greek government to carry forward its fiscal and structural reform agenda.

    The initiatives include Greek debt buybacks, return of Securities Market Programme (SMP) profits to Greece, reduction of Greek Loan Facility (GLF) interest rates, significant extension of GLF and European Financial Stability Facility (EFSF) maturities, and the deferral of EFSF interest rate payments.amna

    Taken together, these measures will help to bring back Greece's debt ratio to a sustainable path and facilitate a gradual return to market financing. The debt ratio is expected to decrease to 124 percent of GDP by 2020 through significant upfront debt reduction measures of 20 percent of GDP. In addition, I welcome the commitment by European partners to bring back Greece's debt to substantially below 110 percent of GDP by 2022, conditional on full implementation of the program by Greece. This represents a major debt reduction for Greece relative to its current debt trajectory.amna

    Once progress has been made on specifying and delivering on the commitments made today, in particular implementation of the debt buybacks, I would be in a position to recommend to the IMF Executive Board the completion of the first review of Greece's program."

    [03] SYRIZA leader: Eurogroup solution 'is no solution'

    AMNA--The solution agreed at the Eurogroup does not contain a viable plan for Greece and consequently it is not a solution, main opposition SYRIZA leader Alexis Tsipras said on Tuesday.

    The negotiation was conducted between German chancellor Angela Merkel and International Monetary Fund (IMF) managing director Christine Lagarde, and the compromise was between them, he said, adding that the solution does not include Greece, and accusing the Greek government of being "absent from the negotiation".amna

    He said that after the developments at Tuesday's Eurogroup, SYRIZA feels vindicated on its predictions regarding the confrontation of the crisis, noting that "after subsequent failures of a programme that has led society to catastrophe and does not attain any of the targets promised, everyone listens to us with greater attention and we feel vindicated because all of our predictions have unfortunately come true".

    Tsipras accused the government of saying different things before the elections and of following a strategy of subjugation, adding that "two years ago they were telling us that the target is sustainability of the debt at 120 percent of GDP, whereas now they are telling us that it can be sustainable at 124 percent, and tomorrow they may tells us that it is sustainable at 130 percent".amna

    "These are not solutions," Tsipras stressed.

    He said that the only solution is for Greece to re-enter the negotiations and be present at the decisions.amna

    "The only real solution is the big political change that is coming, that the people come to the forefront. And everyone now awaits this great political change in Greece," Tsipras added.

    [04] Births in Greece decline 2.7pct in 2010

    AMNA--Births in Greece declined by 2.7 percent in 2010, according to from the independent Hellenic Statistical Authority (ELSTAT) submitted to parliament on Tuesday.

    The data for 2011 are currently in the final stage of processing.

    According to ELSTAT, a total of 114,766 births were recorded in Greece in 2010, of which 93,192 were from Greek mothers, posting a decline of 2.6 percent against the preceding year, while 21,574 births were from foreign mothers, posting a 3.2 percent decline against 2009.amna

    Figures for births in the period 2004-2010 were submitted by ELSTAT in reply to a question tabled by Independent Greeks MP Maria-Kollia Tsaroucha on demographic ageing and low birth rates in Greece.

    [05] Greek coin exhibition in Geneva

    AMNA--Twenty centuries of history are on display at the exhibition "Words and coins: From Ancient Greece to Byzantium" currently running at the Martin Bodmer Foundation in Geneva, organised jointly with Athens' Benaki Museum.

    The exhibition is enriched with material from the Numismatic Collection of the private public benefit foundation KIKPE (Welfare Foundation for Social and Cultural Affairs) on loan to the Benaki Museum.amna

    The exhibition invites visitors on a journey through space and time. The display features coins that portray twenty centuries of history, spanning the 5th century BC to the 15th century AD – from the 'invention' of democracy in Greece, to the glory and decline of Byzantium.amna

    The exhibition will run through March 17, 2013.

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