Historic decisions for Greece and the Eurozone

Following a marathon negotiating session of European Council on the 26th of October in Brussels, Heads of State and Government of the Eurozone member states agreed on a comprehensive set of measures which reflect their unwavering determinationto overcome together the current difficulties and to take all the necessary steps towards a deeper economic union commensurate with their monetary union.
In particular on Greece, there was an agreement that should secure the decline of the Greek debt to GDP ratio with an objective of reaching 120% by 2020. It also includes a voluntary contribution by private creditors, amounting to a nominal discount of 50% on notional Greek debt. Additionally, a new EU-IMF multiannual programme financing up to € 100 billion will be put in place by the end of the year, accompanied by a strengthening of the mechanisms for the monitoring of reforms implementation.
“The debt is absolutely sustainable now,” Papandreou told a press conference, earlier today, after the meeting of euro zone leaders.
“Greece can now settle its accounts with the past, once and for all. […] We can claim that a new day has come for Greece, and not only for Greece but also for Europe,” the premier added.
Primeminister.gr: Papandreou press conference after the euro summit (in Greek); European Council President: Remarks by Herman Van Rompuy following the meeting of the Euro Summit & Statement by President Barroso
(GREEK NEWS AGENDA)

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PM`s George Papandreou visit to Poland

Prime Minister George Papandreou visited Poland on April 7 for talks with his Polish counterpart Donald Tusk and the country’s President Bronislaw Komorowski, in view of the Polish presidency of the EU, during the second term of 2011.
The two Premiers discussed the priorities of the Polish Presidency, especially in what concerns the Common Agricultural Policy, migration, as well as developments in the Middle East. Papandreou also made a special reference to his great-grand father’s Polish origins and the flourishing Polish community in Greece. 
(GREEK NEWS AGENDA)

Local Elections Run-off

Following the second round of local elections yesterday, the ruling PASOK party won the majority of regional governorships (8 to 5).
In municipal elections and -despite a high abstention rate- there was a change of leadership in the three major cities.
In Athens, Giorgos Kaminis, the former Ombudsman, won the mayorship, with the support of Pasok, after defeating the incumbent New Democracy (ND) mayor, Nikitas Kaklamanis.
In Thessaloniki, Greece’s second largest city, the independent Yiannis Boutaris, supported by Pasok, defeated ND-backed candidate Costas Gioulekas, while in Pireus, Vassilis Michaloliakos, supported by ND defeated Pasok candidate Yiannis Michas.
Commenting on the results, Prime Minister George Papandreou said that the citizens “rejected the sirens of destabilisation and gave the government a clear three years of work to enable it to continue the effort for the country’s salvation and recovery.”
The premier also called on all political parties to “assume responsibility” and work together with the aim of saving the country. Main opposition New Democracy (ND) party leader Antonis Samaras said that “the second round confirmed the political conclusions of the first Sunday” and gave the opportunity to his party to emerge “renewed, strong and responsible.”
For more information: Ministry of Interior, Decentralization and E-Government: Regional & Municipal Elections 2010 Results (in Greek); Kathimerini Daily: Pasok gets regional upper hand; YouTube: PM’s nationwide televised press statement (in Greek)
(GREEK NEWS AGENDA)

PM George Papandreou & the Media

Prime Minister George Papandreou addressed yesterday the NewsXchange 2010 Conference currently being held in Athens.

In his speech, the premier commended the role of media in highlighting several of the underlying causes of the financial crisis but also pointed to some of the negative stereotypes that resurfaced in of the international media’s reporting on Greece, during this last year.

“Your job is to report the facts as objectively as possible. My job is to be honest with you, with the Greek people, and of course with the international community, which is supporting us in this effort to deal with the crisis, present the facts as they are,” stressed the premier.
Youtube.com: PM’s Speech at NewsXchange 2010 Conference  

(Greek News Agenda)

PM George Papandreou in “Foreign Policy” Magazine

Prime Minister George Papandreou in an in-depth interview in the American magazine Foreign Policy (July 19) explained the reasons behind the crisis and the measures taken by his government in order to tackle it.

He stressed that with the support of the European Union, Greece decided against defaulting, which would cause insurmountable problems especially for the banking institutions in Greece and Europe alike.

He recognized that there was a lack of transparency; there was a lot of money that was lost, wasted, through a huge bureaucracy and patronage. Nevertheless, he highlighted that “we’re committed to changing the situation.

My government, for example, has now brought in laws such as total transparency in all signatures in the public sector, putting more and more tax reform resources and contracts online.”

The premier empathised with Greeks’ sentiments of unhappiness and pain, but “the wide majority of the people realize that we needed to make changes that were long overdue in our country, such as making governance much more responsible, and running the country much more transparent.”

Finally, he debunked recent media stereotypes of Greeks being lazy and concluded saying that: “we’ve seen in this crisis is that we need more Europe, not less…[ ]

…We need to find global governance and we need to find it based on some common values on which we can agree – democratic values.”

(GREEK NEWS AGENDA)

PM George Papandreou`s interview in “Guardian”

“Greece is on a normalised road,” Prime Minister George Papandreou said in an interview in the UK newspaper The Guardian, noting that in the nine months since his government took office “it has been crisis management, day in, day out,” and stressing that, in politics “you have to make tough decisions.”

In the interview, titled “Reinvigorating Greece is an Olympian task,” concerning the reactions to the austerity measures, the premier admits that “naturally I feel very bad that we had to take these measures and that our financial sovereignty is under the tutelage of the so-called troika (the EU, International Monetary Fund and European Central Bank).”

“It’s not a happy state to be in, and the most painful thing is to take measures against people who were not responsible for the crisis,” Papandreou said. He goes on to explain that the option for the country was to default, or take these measures.

(GREEK NEWS AGENDA)

PM George Papandreou interviews at “El Pais” & “Al Jazeera”

Prime Minister Georges Papandreou was interviewed by the Spanish daily “El Pais” (May 23).

In a three page interview, the premier answered questions regarding the economic situation in Greece noting that the euro-zone has reached a tipping point which will bring it before an “historic reflection period.”
In the case of Greece, the international community did not react in a timely manner, it did not admit that the currency was under attack, and “there was the same fear as when a buffalo leaves the herd.”
Today, the country’s austerity plan is on the right track, but it is not enough if it is to be left without European support. For Papandreou, the support is necessary for all members so to act as deterrent of speculation. “Spain and Portugal were not in a bad situation yet they fell victims of the ambient hysteria.”
In related news, in an interview with Al Jazeera’s Barnaby Phillips  on May 20 in Athens, Papandreou said that Greece will eventually emerge from the crisis with a more viable economy, determined to say “never again.”   
(GREEK NEWS AGENDA)

New era in Greek-Turkish relations

High Level Cooperation

Premier George Papandreou and Turkish Prime Minister Tayyip Erdogan expressed their will to take important steps towards the improvement of Greek-Turkish relations, as the Turkish leader wrapped up an official visit to Athens on Saturday.
This was sealed with the opening session of the Greece-Turkey High Level Cooperation Council and the signing of 21 agreements.
George Papandreou met with the chiefs of Turkish media, while Erdogan with the chiefs of the Greek newspapers.
The Greek premier told Turkish journalists that Erdogan’s visit heralds a new era in Greek-Turkish relations, further adding that the two sides had better overcome their differences. He also touched on economic cooperation between Athens and Ankara.

“We have an agreement”

Twenty-one cooperation agreements in fields as diverse as technology and tourism were signed during the Turkey-Greece High Level Cooperation Council.
Ministers signed agreements boosting trade, investments and shipping and the two countries will hereby extend their cooperation in projects concerning infrastructure works and transnational transport networks.
Relations between the two countries in the field of immigration will be governed by a bilateral agreement which provides for readmission of illegal immigrant flows to Turkey and cooperation in the fight against organized crime, trafficking and civil protection.
Both sides agreed to improve tourism cooperation, aiming at increasing their market share in countries with economic potential such as China, as well as raising global awareness on matters of cultural heritage protection.

Special attention was given to education and synergies concerning research. Environment protection and joint ventures in energy projects including renewable energy sources and the existing Turkey- Greece-Italy gas pipeline were also sealed with respective deals.
In terms of strengthening bilateral ties,  a Joint Political Declaration on the establishment of the High Level Cooperation Council as well as a Protocol on regular political consultations between the two countries’ foreign ministries were signed.

Signing the Olympic Truce

Turkey’s Prime Minister Recep Tayyip Erdogan concluded on Saturday his landmark visit to Athens by signing the Olympic Truce initiative.

At a brief ceremony in front of the imposing Panathenaic Stadium, Erdogan referred to the “great honour in signing my name in this book; to put my signature for a world of peace.”
Papandreou said that Turkey’s support for the idea sends out a clear message “by Turkey and Greece to the world,” adding that Greece will actively support Istanbul’s bid to host the 2020 Olympic Games.
(GREEK NEWS AGENDA)

PM George Papandreou at the White House

Meeting with Obama

Prime Minister George Papandreou met with US President Barack Obama in Washington yesterday.
After the meeting Papandreou said that the US is willing to work with the European Union to regulate the international financial system so speculators cannot target countries with troubled economies.
The premier said  that the issue of speculation will be discussed at the G20 summit in Canada, in June. The two leaders also discussed foreign policy issues such as the Cyprus issue, the integration of Western Balkans into Euro-Atlantic institutions, as well as Greece’s relations with Turkey.

Visa Waiver

Furthermore, the US side announced that Greece will be included in the ‘visa waiver’ programme, thus enabling Greek citizens to travel to the US without a visa.
Papandreou termed the visa waiver “a vote of confidence” to Greece and noted that the Greek government is determined to respond to its obligations and cooperate closely at international level on the tackling of terrorism.

Kathimerini daily: US joins fight against speculators
The White House: Honouring Greek Independence Day (21.35mins)

Papandreou’s Op-ed

In an op-ed published in the International Herald Tribune (IHT), Papandreou notes that the Greek case is not an outlier, but one more flare-up in a broken system of financial regulation and predatory behaviour.
“If global economic growth is to be sustainable, we need better coordination and greater solidarity between nations… We must now establish and enforce clear rules to contain the inordinate power of markets over our national economies and our common currency – not for Greece’s sake, but for Europe’s,” he stresses.
Prime Minister’s website: Meeting with President Barack Obama: Prime Minister’s statement ; Brookings Institution: Prime Minister’s speech & YouTube: PM’s speech at Brookings Institution  
New York Times & International Herald Tribune: Prime Minister’s article “Greece is not an island“; Hellenic Finance Ministry: Newsletter Updating Greek Fiscal Measures  
(GREEK NEWS AGENDA)

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)

Papandreou at Conference on Progressive Governance in London

(GREEK NEWS AGENDA) Prime Minister George Papandreou arrived in London yesterday and will be participating today at a Conference on Progressive Governance, on “Jobs, industry and opportunity: growth strategies after the crisis.”
The premier will speak at a panel on the theme “Europe after the global crisis: A strategic role for government,” together with his British counterpart Gordon Brown, Spanish Prime Minister Jose Luis Rodriguez Zapatero and Norwegian Prime Minister Jens Stoltenberg. 
While in London, Papandreou will attend a working luncheon with the British Prime Minister Gordon Brown and will meet with British Foreign Minister David Miliband.

Papandreou in “Le Monde”

French daily “Le Monde” portrays George Papandreou in an article (‘L’ homme qui fait trembler l’euro’, February 5) describing Greece’s current affairs and Papandreou’s personal and political career over the years:
“Le monde le regarde. Le destin de l’euro tient à lui. Elu depuis tout juste quatre mois, le premier ministre grec est le point de mire des dirigeants et des marchés de la planète, pressé de questions affolées sur la situation dont il a hérité : un pays au bord de la faillite, discrédité sur les marchés, exposé à la spéculation, étranglé par une dette et un déficit public colossaux, un Etat dysfonctionnel, un système de fraude généralisé.
Le raffinement est son arme. Costume bleu marine, chemise blanche, cravate délicatement violette, Georges Papandréou a la silhouette longue et distinguée, la moustache taillée au millimètre, la politesse souriante, l’anglais parfait du brillant élève passé par Harvard et la London School of Economics, la graisse évanouie dans des heures quotidiennes de fitness et de cyclisme à haute dose. Si peu balkanique, si différent.
Devenir premier ministre n’était pas sa vocation, lui qui, à la fin des années 1960, étudiait la sociologie aux Etats-Unis et manifestait, cheveux longs et guitare rock en bandoulière, contre la guerre du Vietnam. “Si la Grèce avait été à l’époque un pays normal, dit-il dans son bureau à Athènes, je ne serais pas entré en politique.”
Son nom a fini par le rattraper. Celui de son grand-père, Georges Papandréou, trois fois premier ministre, centriste, figure mythique de la politique des années 1960. Celui de son père, Andréas Papandréou, ministre et économiste renommé, fondateur du Pasok (parti socialiste grec), et premier ministre dans les années 1980. Quant à lui, ce rêveur affable et modeste que l’on appellera longtemps Yorgakis (petit Georges), personne n’imaginait qu’il dirigerait le pays à son tour, dernier-né de l’une des trois dynasties familiales qui, avec les Caramanlis et les Mitsotakis, se partagent le pouvoir en Grèce depuis l’après-guerre.
Il a 14 ans ce 21 avril 1967. Le coup d’Etat des colonels, prélude à la dictature qui durera sept ans, vient d’avoir lieu. Les militaires viennent chercher son père, Andréas, caché sur le toit de la maison. L’un d’eux lui colle sa mitraillette sur la tempe. “Où est-il ?” L’enfant ne répond pas. La mitraillette frémit. Andréas se rend. Pour lui, c’est la prison. Puis, pour toute la famille, l’exil.
Georges Papandréou vient d’ailleurs. Avant la guerre, son père Andréas, déjà forcé à quitter la Grèce pour des raisons liées à ses activités trotskistes, était devenu citoyen américain, avait enseigné l’économie à l’université de Berkeley, puis en Suède et au Canada. Georges a une mère américaine, est né au Minnesota, a grandi en Californie et étudié dans l’Illinois, à Londres, à Stockholm. Il parle à quasi-égalité l’anglais, le grec et le suédois.
A son retour en Grèce, en 1974, la dictature abolie, il découvre un pays où tout est à réinventer. Et une élite forcée comme lui à l’exil, revenue “avec des idées nouvelles, la capacité de comparer, de tirer réflexion des contrastes.”
Etre différent, c’est son atout. “L’étranger” est un drôle de zèbre, mélange de “libéral” à l’américaine et de social-démocrate suédois, défenseur des libertés individuelles, de l’Etat-providence, de l’environnement, du progrès technique. Théodoros Pangalos, vice-premier ministre, s’amuse à rappeler ces années 1990 où Georges était ministre dans le gouvernement de son père, Andréas Papandréou : “En réunion, Georges prenait des notes sur un ordinateur portable. Nous, nous avions nos feuilles et nos crayons. On se donnait des coups de coude : “Regarde, le petit Georges joue, il n’a toujours pas grandi !”. En fait, comme toujours, il avait plusieurs longueurs d’avance…”
Au sein de la dynastie Papandréou aussi, il fait la différence. Après Georges “l’ancien”, le centriste anticommuniste, après Andréas le tempétueux tribun socialiste aux accents nationalistes, Yorgakis, président de l’Internationale socialiste depuis 2006, conquiert les Grecs par un agenda progressiste inhabituel. Il est hostile au blairisme, croit en la primauté de la politique sur le marché, préconise une société ouverte et multiculturelle, une économie tournée vers la valeur ajoutée et la croissance verte. “Je suis fier de porter mon nom mais je gouvernerai à ma façon. Comme Sinatra, je pourrai dire : “I did it my way”.”
Son style politique, il l’a déjà esquissé. Ministre de l’éducation, en 1988, il s’affronte au conservatisme ambiant et à la puissance de l’Eglise orthodoxe en défendant les droits des homosexuels. Ministre des affaires étrangères très estimé, en 1999, il milite en faveur de l’Europe et tempère l’anti-américanisme, sport national en Grèce. Il établit des conditions de dialogue avec la soeur ennemie, la Turquie, soutient la candidature de celle-ci à l’Union européenne (UE), contribue à l’intégration de Chypre dans l’UE.
“Yorgakis sait écouter, il ne fait pas l’intelligent, il prend calmement des décisions audacieuses. Il nous change de ce théâtre balkanique dont nous sommes tous fatigués”, témoigne l’un de ses anciens collègues au gouvernement, Nikos Dimadis. “La Grèce a plus que jamais besoin d’un dirigeant différent, citoyen du monde, qui a sur son pays une pensée globale”, analyse l’éditorialiste de centre droit, Georges Kirtsos.
Depuis quatre mois, Georges Papandréou est parti en guerre contre un Etat pléthorique, contre la corruption et l’économie parallèle. La droite l’accuse déjà d’immobilisme. Des mouvements sociaux se préparent contre les mesures d’austérité annoncées.
Certains le craignent plus visionnaire que pragmatique, plus théoricien que politique. Mais la Grèce n’a plus le choix, la zone euro non plus. Le petit Georges est peut-être la dernière chance. Lui-même en a fait un slogan : “Nous devons changer, ou sombrer.””
(LeMonde.fr)

President @ World Future Energy Summit

(GREEK NEWS AGENDA) A change of the energy and development model with extensive use of Renewable Energy Sources (RES) could decisively contribute to combating inequalities and advancing social cohesion at local, regional, national and global level, President of the Republic Karolos Papoulias said yesterday (January 18), addressing the 3rd World Future Energy Summit, that opened in Abu Dhabi, UAE (January 18-21).

Papoulias – a keynote speaker at the summit- stressed that “global leaders are obliged to respond to the climate challenge, and, instead of limiting themselves to a ‘least common denominator’ agreement, they should proceed to a global, comprehensive, and legally binding agreement with specific targets and timetables.”
Every crisis entails an opportunity, and this crisis entails an opportunity for the adoption of policies and measures for the promotion of RES and energy efficiency, which can play a decisive role in the global economy’s exit from the crisis and a speedier recovery, the President noted.

Papoulias – Erdogan Meeting

On the sidelines of the World Future Energy Summit, Papoulias met with the Turkish Prime Minister Recep Tayyip Ergodan, who was also a keynote speaker at the summit.
The two leaders held a private 40-minute meeting during which Papoulias informed the Turkish premier that an answer to his letter to the Greek Prime Minister is to be expected in the next few days, while Erdogan expressed a desire to visit Athens in the near future.