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Athens Macedonian News Agency: News in English, 15-07-09

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

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

CONTENTS

  • [01] Rhodes: A Greek island at the gates of the East
  • [02] Tusk urges both Greece and creditors to bring 'realistic proposals' for reforms and debt
  • [03] All deposits up to 100,000 euros fully guaranteed by the Eurosystem, Katseli says
  • [04] Productive Reconstruction Min: We want an agreement that will respect the people's dignity

  • [01] Rhodes: A Greek island at the gates of the East

    The special importance of the island of Rhodes as a gateway to the East is the theme of an exhibition to be inaugurated on Friday at the Archaeological Museum of Rhodes.

    The exhibition "Rhodes: A Greek island at the gates of the East. 15th-5th century BC" is part of an exhibition put on at the Louvre from November 2014 until February 2015, which included finds from several European museums that originated from excavations on Rhodes.

    According to a culture minsitry's announcement, the wealth and the variety of the artifacts, many of them imported from the Cyprus, Syria and the Near East but mostly from eastern Greek cities, were indicative of the island's role in transferring elements of the great civilisations of the East to the Greek civilisation.

    The exhibition will run until November 15.

    [02] Tusk urges both Greece and creditors to bring 'realistic proposals' for reforms and debt

    ANA/MPA---European Council President Donald Tusk on Thursday said that he had contacted Greece's Prime Minister Alexis Tsipras on the telephone and hoped to receive "concrete and realistic proposals" from Athens within the day. Tusk was speaking at a press conference in Luxembourg, during an official visit to mark the start of Luxembourg's six-month presidency of the European Union.

    Tusk also put pressure on Greece's creditors, however, saying that if Athens came through, a parallel proposal will also be needed from the creditors.

    If Greece provides a realistic proposal, then "it will need to be matched by an equally realistic proposal on debt sustainability by the creditors".

    "Only then will we have a win-win situation. Otherwise we will continue the lethargic dance that we have been dancing for the last five months," Tusk added.

    He stressed that the EU side was ready to do everything necessary to support the fiscal stability of the euro zone.

    The European Council president concluded by saying that the assistance extended to Greece could not be used to follow a mistaken economic philosophy that he said was the "main source of the crisis".

    "Europe's help to Greece must be accompanied by the old Roman saying, 'Magnum vectigal est parsimonia' (thrift is a great revenue)," he added.

    [03] All deposits up to 100,000 euros fully guaranteed by the Eurosystem, Katseli says

    ANA/MPA---"The Eurosystem operates from January 1, 2015 under a European community directive which guarantees all bank deposits up to 100,000 euros per depositor for each account", Louka Katseli, president of Hellenic Bank Association said on Thursday.

    Katseli, also chairman of National Bank, in comments made to television, said that supervisory authorities and particularly the European Central Bank and the European Stability Mechanism, "guarantee the stability and solvency of each bank operating in Greece. The same thing happened in previous years, we are constantly under the supervision and control of the ECB".

    Katseli reassured that Greek banks' liquidity is safeguarded and noted that in the case that an agreement was reached with the partners, preparatory work has been done "so that from Tuesday we will be able to offer more bank services and gradually all bank operations to return to normal conditions the soonest possible". She added that whether this process "will take two, or three or little longer is a technical issue". Katseli stressed that "with an agreement, the ECB will begin offering new liquidity to the Greek banking system".

    [04] Productive Reconstruction Min: We want an agreement that will respect the people's dignity

    ANA/MPA---"Greece seeks to reach an agreement with the institutions immediately, but we want an agreement that will respect the country and the people's dignity and that will open windows for a way out from the crisis. We do not want to add a third memorandum of harsh austerity, suffering and deprivation to the two previous ones without offering a prospect to the country" noted Productive Reconstruction, Energy and Environment Minister Panagiotis Lafazanis said in his address on Thursday to a congress for the energy.

    "Greek people's 'no' will not turn into a humiliating 'yes' to new memorandum crematoriums" stressed Lafazanis adding that "we know that at this point all choices are difficult. The worst, the most humiliating and unbearable is an agreement of surrender, looting and subordination of the people and the country. This selection is something we will never do not only because it will bring more suffering to the Greek people but because it is a selection without tomorrow and perspective".

    The minister also said that no nation in a period of peace has gone through so many ordeals or was the recipient of so many blackmails and ultimatums from its so-called partners as the Greeks in the last five years.


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