HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Browse through our Interesting Nodes on the Middle East
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Friday, 15 December 2017
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens Macedonian News Agency: News in English, 13-04-23

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

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

CONTENTS

  • [01] DIM.AR's Kouvelis meets Barroso, calls for halt to recession, unemployment in Greece
  • [02] Greek budget deficit falls sharply to 1.35 billion euros in Q1
  • [03] Brokerage firm board members arrested for billions of euros of unpaid debts to the state

  • [01] DIM.AR's Kouvelis meets Barroso, calls for halt to recession, unemployment in Greece

    BRUSSELS (ANA-MPA - M. Aroni/M. Spinthourakis) -- Meeting European Commission President Jose Manuel Barroso in Brussels on Tuesday, Greek coalition government partner Fotis Kouvelis, leader of the Democratic Left (DIM.AR) party, stressed the need for immediate measures to halt the recession and unemployment in Greece.

    In statements as he left the meeting with Barroso at the European Commission, Kouvelis said he'd expressed DIM.AR's opposition to "the austerity policies destroying society and undermining the prospects of an exit from the economic crisis". The party leader stressed that the only answer to the recession was to take immediate measures to kickstart the growth process.

    Kouvelis said he had also emphasised the dire state of Greek society as a result of galloping unemployment and the need to take immediate steps to provide a social safety net, as well as a targeted reduction in taxes. Among these tax reductions, he suggested VAT on restaurant and catering services and taxes for heating oil.

    DIM.AR's leader asked Barroso to speed up and extend the transfer of National Strategic Reference Framework (NSRF) funds, their reorientation and an increase in the advance from the 2014-2020 support framework, as well as a more active role for the European Investment Bank.

    Expressing the opinion that austerity policies and an increase of inequality within Europe will fuel centrifugal tendencies, a return to a narrow nationalist focus and greater strength to political extremes, Kouvelis stressed that Europe's future prospects lay in a real economic and political unification.

    Meeting with EuroParliament socialists' group leader Swoboda

    Kouvelis, speaking after his meeting head of the European Parliament's Progressive Alliance of Socialists and Democrats Hannes Swoboda, stressed that "we must struggle for a Europe that forges ahead with its political and economic unification".

    "We had an extremely useful discussion with Mr. Swoboda on the issues affecting Europe, which must emerge from the recession, exit austerity and forge ahead with the peoples of Europe," he said.

    According to his aides, the meeting was held in a very good climate and there was broad agreement on the need to end austerity policies in Europe.

    Swoboda noted that, while it was important for reforms to take place, people's needs must also be taken into account, because only in this way could the reforms have the support of the citizens.

    While in Brussels, DIM.AR's president is also scheduled to meet Greece's European Commissioner for Maritime Affairs and Fisheries Maria Damanaki.

    [02] Greek budget deficit falls sharply to 1.35 billion euros in Q1

    ANA/MPA -- Greek state budget recorded a deficit of 1.354 billion euros in the first quarter of 2013, sharply down compared with a deficit of 7.279 billion euros recorded in the corresponding period last year and a revised target for a budget shortfall of 4.185 billion euros, the Finance ministry said on Tuesday.

    In a report, the ministry said the regular budget recorded a primary surplus of 520 million euros in the January-March period, from a deficit of 334 million euros in 2012 and a revised target for a primary deficit of 2.338 billion euros.

    Net state budget revenue totaled 12.338 billion euros in the first three months of the year, up 8.7 pct from a budget target. The regular budget's net revenue totaled 10.724 billion euros, up 1.5 pct from a budget target, reflecting a 16.6 pct increase in proceeds from property taxes, a 74.5 pct jump in indirect tax proceeds and 3.9 pct rise in income tax proceeds. On the other hand, VAT proceeds fell by 6.1 pct in the three-month period, special consumption taxes (tobacco) fell 19.8 pct and energy consumption taxes were down 5.1 pct.

    Tax returns totaled 213 million euros in the first quarter, not including a 570 million euros payment for the repayment of previous year's tax returns.

    Public Investment Programme's revenues totaled 1.614 billion euros, up from a budget target of 790 million euros, reflecting higher EU fund inflows.

    State budget spending totaled 13.692 billion euros in the January-March period, down from a budget target of 15.538 billion euros. Regular budget spending was down in the first quarter. State budget spending fell by 32.7 pct in the first three months of 2013, compared with the same period last year, reflecting an 11.1 pct decline in primary spending and a 73 pct plunge in interest spending.

    [03] Brokerage firm board members arrested for billions of euros of unpaid debts to the state

    ANA/MPA -- Three former board members of the Athens-based brokerage firm Acropolis Securities SA were arrested on Tuesday, each facing charges for unpaid debts to the state reaching the extraordinary sum of 6.4 billion euros (roughly 3 percent of Greece's GDP).

    The arrest of the 40-year-old former vice-president of the brokerage, Theodoros Priniotakis, and his two sisters Christina and Katerina, aged 30 and 37, both former board members, followed the arrest a few days ago of the company's former president.

    The brokerage firm was involved in the structured bonds scandal that erupted in Greece in 2007 and has since had its license revoked.


    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Tuesday, 23 April 2013 - 20:38:07 UTC