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 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.

New OSCE PA President: Petros Efthymiou

Ruling PASOK party deputy Petros Efthymiou was elected as the new president of the Parliamentary Assembly of the Organisation for Security and Co-operation in Europe (OSCE), during the forum’s 19th annual session.
Efthymiou, who was a Vice-President in the Assembly, was elected with 130 votes, against 64 of Senator Consiglio Di Nino (Canada).
Participants at the 19th session discussed a wide range of issues, amongst which the situation in Kyrgyzstan, the Parliamentary Assembly’s involvement in the Corfu process, the peace process in the Middle East, nuclear security, cyber-crime.
(GREEK NEWS AGENDA)

OSCE Ministerial Council in Athens

Papoulias Inaugurates OSCE Meeting

(GREEK NEWS AGENDA) President of the Hellenic Republic Karolos Papoulias inaugurated yesterday the 17th Ministerial Council of the Organisation for Security and Cooperation in Europe (OSCE), taking place in Athens (1-2/12).
Papoulias welcomed delegates from the OSCE’ s 56 member states and described the international meeting as “an important political event and an opportunity to strengthen peaceful cooperation and promote the common goals of the member states, in order to reach tangible and substantive conclusions.”

Papandreou’ s Address

The Corfu Process needs to be taken a step further in order to meet the challenges to European security in the 21st century, OSCE chairman-in-office, Greece’s Prime minister and Foreign minister George Papandreou stressed, addressing the first plenary session of the organisation’s 17th ministerial council.
“We have to agree on important decisions in the next two days to strengthen co-operative security across the OSCE area, to shape the work of our organization, and to create a strong foundation for Kazakhstan to build upon as it assumes the OSCE Chairmanship on January 1,” Papandreou said.
He also expressed his hope that a constructive spirit will prevail during the two-day deliberations of the meeting.
Ministry of Foreign Affairs: Speech of the OSCE Chairman-in-Office, Prime Minister and Foreign Minister of Greece Papandreou, to the 1st Plenary session of the 17th OSCE Ministerial Council
See also Project Syndicate: Renewing Europe’s Security Dialogue by George Papandreou

Sideline Meetings

On the sidelines of the OSCE ministerial council, Papandreou met with the foreign ministers of Finland, Alexander Stubb and Kazakhstan, Kanat Saudabayev, who together form the current OSCE “troika.”
Alternate foreign minister Dimitris Droutsas had a meeting with FYROM’s FM Antonio Milososki while the premier is scheduled to meet today with the foreign ministers of Russia and Turkey, Sergei Lavrov and Ahmet Davutoglou respectively.
At the end of the first day of meetings, the Greek OSCE chairmanship hosted a formal reception for the visiting diplomatic delegations at the Acropolis Museum.

Greek Chairmanship of the OSCE – 2009

(GREEK NEWS AGENDA)   Greece will assume the Organisation for Security and Cooperation in Europe (OSCE) Chairmanship in 2009, following a decision taken by the Organisation’s Ministerial Session in Madrid (November 2007). Ministry of Foreign Affairs: Greece @ OSCE; FM Bakoyannis’ statement in acceptance of the Greek Chairmanship of the OSCE for 2009