Athens News Agency: News in English, 08-09-30

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] PASOK leader says different growth model needed

[01] PASOK leader says different growth model needed

"Our country and Greek society have been experiencing for some time a deep political crisis that concerns the economy, the institutions, transparency, the way of governance and the political system and which is being paid in full by the middle and low-income earners and the country's healthy production forces," the PASOK leader said afterwards.

Papandreou said that the crisis "bears the signature" of the ruling New Democracy (ND) party and "for this crisis the government is looking for, as always, an alibi for the failure of its policy, that is creating indignation among the people and reactions within the ND party."

Referring to the international financial crisis, Papandreou said "this also is the result of specific conservative options that are leading to the submission of public interest to selfish profiteering and untransparent interests and to the accumulation of power and wealth without democratic control."

The PASOK leader further said that there was a global demand now for greater transparency and new rules in markets. He stressed that as PASOK leader and president of the Socialist International (SI) he has proposed rules of transparency, control and supervision and policies for the protection of incomes and of the low-income earners.

Lastly, Papandreou said that policies are necessary for a different growth model.

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