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The Hellenic Radio (ERA): News in English, 08-12-12

The Hellenic Radio (ERA): News in English Directory - Previous Article - Next Article

From: The Hellenic Radio (ERA) <www.ert.gr/>

CONTENTS

  • [01] 27-Member Block Agrees on Resurgence Plan

  • [01] 27-Member Block Agrees on Resurgence Plan

    The 27-member block reached an agreement on Wednesday evening on the resurgence plan for the economy, amounting to 200 billion euros, that is 1.5% of the EU's NGP, reported Italian Prime Minister Silvio Berlusconi. Mr Berlusconi told journalists after the European leaders' dinner that focused on recession and efforts for resurgence "we all agree". Being asked as to whether the agreement concerns the target 1.5% goal of the GNP, he replied positively. "We have supported banks, took initiatives to the support of companies, now all depends on the civilians' stance," he added. Belgian Prime Minister Yves Leterme confirmed this piece of information. "At first we say yes, but we shall have the text Friday", said Mr Leterme, answering a question on whether an agreement had been reached. In addition to the measures aimed at tackling the financial crisis, the EU Summit Meeting, which is concluding in Brussels today, with the participation of Prime Minister Kostas Karamanlis, dominating is climate change and the ratification of the Lisbon Treaty on which the 27-member block had reached a political agreement.

    Addressing the European Popular Party yesterday, Mr Karamanlis reiterated the importance of the EU's collective response to the global financial crisis having as a priority the measures in support of low-income earners. Meanwhile, Poland appeared satisfied with the French Presidency's latest proposals regarding the European plan on climate change, which according to government sources "it achieved its goals."Poland, Germany and Italy were mostly reacting to the plan, mainly due to the dependence of the energy sector on coal.A little earlier, Italian Prime Minister Silvio Berlusconi had stated that he was also satisfied, adding that Italy would have its demands met. Only Germany has not illustrated whether it is satisfied with the French Presidency's proposals.

    Source: NET-NET 105.8 - ANA - MPA

    Relative articles: EU: Economy and Lisbon Treaty in the focus

    Read also: BBC: EU leaders focus on climate deal

    News item: 16611


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