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PM George Papandreou at Economist Conference

(GREEK NEWS AGENDA) Addressing an Economist Conference on the 28th April in Athens, Prime Minister George Papandreou stressed that “we should not let a small spark become a threat for the eurozone.”
[…] “The markets do not always function rationally and tend to evaluate the situation according to the worst possible scenario and not the most probable,” added Papandreou, underlining the government’s political will to proceed with deep and structural changes.
Focusing on foreign policy, Papandreou reiterated his proposal on the accession of the Western Balkans to the European Union by 2014.
Greek News Agenda: Economist Gov’t Roundtable

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PM George Papandreou`s interviews with international media

» The Economist

In an interview with “The Economist” in London (uploaded on February 23), Prime Minister George Papandreou says he understands the EU’s concerns but stresses his country is not asking for handouts:
George Papandreou on Greece’s woes & video 

» ABC Australia

The premier discusses his plans to deal with the nation’s crippling debt in the face of fierce anti-reform protests, in an interview Australian Broadcasting Corporation, Europe that was broadcast on February 24 on “Lateline” (information programme).
ABC.net: Greek PM discusses economic turmoil
(GREEK NEWS AGENDA)

The “Economist” Conference

(GREEK NEWS AGENDA) A much timely “Economist” Conference was addressed yesterday by the country’s leadership and experts from the financial and business world.

Taking the floor, Finance Minister George Papaconstantinou availed himself of the opportunity to note that Greece’s fiscal problems are also an issue for the entire eurozone and marked that a spill-over effect will not leave other eurozone countries unaffected, especially those which are as vulnerable as Greece.
The remarks were reported one day before the European Commission announces its recommendations on the country’s stability programme , which is most likely to receive European approval.   

» “Deficit Fetishism is a Mistake”
Addressing the Conference (Discussion and Debate with Joseph Stiglitz on the World Economy 2010), Nobel Economics Laureate 2001, former Senior Vice President of the World Bank, and Professor at Columbia University Joseph Stiglitz, dismissed fears that Greece will go bankrupt, adding that, when struggling with recession, governments ought to be careful with their rectifying measures.
“Cutting deficits in the wrong way can be counterproductive.”
Kathimerini daily: Greek woes are a eurozone issue

Papandreou at “Economist” Conference

(GREEK NEWS AGENDA)   Main opposition PASOK party leader George Papandreou addressed a dinner held in his honour on Monday (25.5.2009)  evening by the Economist Roundtable and underlined the need for the implementation of a new growth model in Greece, Europe and the world. “Once, the European Union used to say ‘never again war’, but today it could say “never again barbarism which is brought by inequality, poverty, climate change, human trafficking, illiteracy and the trade of weapons of mass destruction,” he said.  Athens News Agency: Papandreou addresses Economist conference

Greek Finance Minister: Economic Prospects

(GREEK NEWS AGENDA)  The next two years will be a period of intense reform, Economy and Finance Minister Yiannis Papathanassiou said on Monday (25.5), addressing an Economist conference in Athens. He also stressed that the growth model that helped Greece enjoy strong rates so far, must be adjusted to modern demands and expressed the government’s determination to improve the country’s competitiveness by taking measures to support innovation, reduce bureaucracy, promote alternative energy sources, and attract big foreign investments. Meanwhile, the International Monetary Fund (IMF) published yesterday (25.5) its annual report on the Greek economy, according to which the economy is expected to shrink by up to 2% this year with recovery beginning late in 2010. The IMF also recommended sweeping changes to tax regulations, continuing wage moderation and social security reforms.  Commenting on the IMF report, Papathanassiou said that “the Government is studying and carefully evaluating all the reports by international organisations pertaining to our country, even when it happens to disagree with certain estimates and predictions. In any case, it is clear that the next two years will determine the outcome of many significant issues for Greece’s present and future.”  Ministry of Economy and Finance: Speech by minister Papathanassiou at the Economist conference (in Greek); Kathimerini daily: IMF sees better days in late 2010

Greek PM at Economist Roundtable

(GREEK NEWS AGENDA)   Prime Minister Kostas Karamanlis addressed the 13th Economist Roundtable with the Greek Government conference on Tuesday evening, reiterating his intention to take whatever decisions are necessary, whatever the cost may be, to enable the country to exit from the present economic crisis with the fewest repercussions possible.
Karamanlis pointed out that while unemployment in Europe is registering record-high levels, it has been much lower in Greece since 2004, adding that small and medium-size enterprises that are active in tourism, commerce, and services are being boosted with €1.3 billion. He also referred to the need for backing the financially weaker classes and supporting employment.
In related news, the government approved the merger of hundreds of state bodies and organisations in an effort to cut spending in the public sector. Economy and Finance Minister Yannis Papathanassiou said the plan involves the merger of 255 state bodies – out of the 620 that were examined – over the next four months.  Kathimerini: Mergers to streamline state bodies & Ministry of Economy and Finance: News & Press Releases

Greek – Chinese Relations Grow

(GREEK NEWS AGENDA)    Chinese President Hu Jintao is scheduled to arrive in Athens on Monday, November 24, and it is expected that this visit will herald a new era in bilateral relations between Greece and China, which date back to 1972. The recent development of Sino-Greek relations has been stunning, especially in the sectors of economy and culture. After Athens hosted the Olympic Games 2004, preparations for the Olympic event in Beijing began, which required officials to meet regularly and discuss everything from know-how to security. These meetings soon expanded to include not only sports, but also trade, shipping and tourism. Discussions have helped China’s Cosco Pacific take over the cargo management services of state-controlled Piraeus port in a 35-year deal assessed to be worth €4.3 billion, and the Chinese president is expected to seal the deal officially during his trip next week. Other sectors of trade include lottery and jewellery: lottery systems supplier Intralot is a Greek company expanding into the Chinese market, and the Folli-Follie group has more than 80 points of sale in China. The population of the Chinese community in Greece – estimated at 20,000 to 30,000 – is not merely interested in commercial relations with Greece, but also in evolving into a prosperous and integrated community, on many levels, throughout the country. Ministry of Foreign Affairs: Greek- Chinese Bilateral Relations; Embassy of Greece in Beijing: www.grpressbeijing.com Mediainfo2004.gr: From Athens to Beijing; InterChina Cultural Centre in Piraeus: www.interchina.gr Secretariat General of Information: Feature Stories-The Greeks and the Chinese: Doing business for aeons (Economist, 21.08.08)