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PM George Papandreou`s intervention at the plenary session of the Eastern Partnership Summit (Warsaw, 30/9/2011)

By virtue of its location, Greece is uniquely positioned as a bridge linking the Eastern and the Mediterranean dimensions of Europe’s Neighborhood Policy and has promoted the development of both since the ENP’s inception. Therefore, we are very supportive of the strengthening of the Eastern Partnership (EaP) envisaged in the new Neighborhood Policy, based on our shared principles of liberty, democracy, respect for human rights and fundamental freedoms and the rule of law.
The re-launching and re-energizing of the Eastern Partnership, and of the European Neighborhood Policy as a whole, was long overdue. It was necessary in order to better respond to serious common challenges – political, economic, geostrategic, environmental or pertaining to security and energy – but also in order to better prepare for the future.
Structural reforms, internal political tensions, gas routes, energy supply, ecological risks, economic development, illegal immigration and organized crime, are only some of the challenges we are faced with in the framework of the Eastern Neighborhood Policy. Our engagement in the Eastern Neighbourhood is also a matter of consistency and credibility for the EU. Our strategic goal is and will remain the creation of a wider area of stability and prosperity, both in the South as well as in the East. This could only be done by boosting mutually beneficial institutional cooperation and by converging on a set of common values and standards, modeled on the EU positive paradigm and experience. Continue reading

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Deficit down by 46%

According to the preliminary data available for the state budget implementation for the first six months of 2010, on a fiscal basis the deficit presented a 46% year-on-year decline against a targeted 39.5% in the government’s economic policy programme.
The fiscal result of the first six months of 2010 is due to both restriction of expenditures and revenue increases. Nevertheless, these do not yet fully reflect all fiscal measures included in the government’s programme for 2010.
Furthermore, ordinary budget expenditures declined by 12.8% year-on-year against a targeted 5.5% reduction and primary expenditures decreased by 12.7% against a targeted 5.4% annual decrease.
Hellenic Stability & Growth Newsletter: June 2010
(GREEK NEWS AGENDA)