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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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Tax and spending policy

» PM: Tackling Economic Woes

(GREEK NEWS AGENDA) Prime Minister George Papandreou chaired a Cabinet meeting that discussed the draft tax bill and public-sector incomes policy.
He said that the government’s efforts to tackle the country’s economic problems will focus on three axes: reducing public debt, promoting growth, and accelerating legislative and institutional measures.
Papandreou stressed that the government’s primary duty was to save the economy, striving for fair solutions that would protect the lower and middle classes as much as possible.

» FinMin: New Tax Rates

A range of public spending cuts and tax adjustments were presented by the government yesterday, following an announcement last week by the premier that drastic measures would be taken to prevent Greece from defaulting.
Finance Minister George Papaconstantinou unveiled more specific policies, which included plans to cut the salaries of the premier and his ministers, a moratorium on hiring in the public sector this year – excluding however health services –  as well as changes to the tax system, which will now contain more tax brackets and will lead to higher earners paying more.