Athens News Agency: News in English, 08-10-25

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

CONTENTS

[01] President warns of looming global crisis

[02] PM to visit Qatar

[03] Greek Press Review

[01] President warns of looming global crisis

"What is emerging in recent times is the downfall of a specific cultural model, the ideological delegitimisation of a method of economic development and operation of society," Papoulias said.

The world was approaching a difficult conjuncture when it would have to face the combined challenges of the international financial crisis, the food crisis, the energy crisis, the environmental crisis and geopolitical conflicts that threatened global peace and stability, the president added.

He stressed the need for everyone to "seek the deeper meaning of these crises and empathise with the concerns of those affected by them" in order to protect the values that will build a democracy orientated toward social justice, solidarity and humanity.

Papoulias went to Thessaloniki to take part in celebrations honouring the feast of Saint Demetrios, the northern Greek city's patron saint, Thessaloniki's liberation from Ottoman rule and the October 28 anniversary marking Greece's defiance of the Axis powers at the start of World War II. These will culminate with next Tuesday's military parade, which will also be attended for the first time by the defence ministers of Balkan countries, who have been invited by Greece' National Defence Minister Evangelos Meimarakis.

The president was met on his arrival by Macedonia-Thrace Minister Margaritis Tzimas, Deputy Development Minister Stavros Kalafatis and representatives of central Macedonia's and Thessaloniki's local government, church and military.

Caption: ANA-MPA file photograph showing President Papoulias during a recent visit to Vietnam.

[02] PM to visit Qatar

[03] Greek Press Review

The global financial crisis, the Vatopedi Monastery property land swaps scandal and the fate of PASOK's motion for a Parliamentary inquiry into the actions of ministers were the main front-page items in Saturday's dailies.

ADESMEFTOS TYPOS: "[Main opposition PASOK] routed in Parliament over preliminary examination committee. After [ruling New Democracy (ND), the Coalition of the Radical Left (SYRIZA), Communist Party of Greece (KKE) and Popular Orthodox Rally (LAOS)] all said no as well".

APOGEVMATINI: "Catastrophe. Alan Greenspan: 'We are living through this century's tsunami'".

AVGHI: "Countdown for the government. The vote on the preliminary examination committee was not held, the write-off for Vatopedi did not pass.

AVRIANI: "Our politicians should give up the lies and sterile opposition".

CHORA: "Planet gripped by panic and fear. Economies of many countries wavering, stock markets plunging".

ELEFTHERI ORA: "Kenovoulio! Comedown, comedown, comedown, comedown!" Runs headline deploring Friday's events in Parliament as the ultimate degradation of Parliamentary process, with play on words between the Greek 'koino' meaning common (hence koinovoulio or 'will of the people') and the word 'keno' meaning void.

ELEFTHEROS: "Fighter planes near sell-by date. Greek Air Force sounds warning bell".

ELEFTHEROS TYPOS: "Panic pandemic! Recession is at the gates".

ELEFTHEROTYPIA: "New crash on the anniversary of the '20s. After 79 years, all stock markets collapsed yesterday".

ESTIA: "Deeply serious legal irregularities. ND slipping dangerously".

ETHNOS: "Shock and awe for world markets. Crash nightmare hits 79 years after the crisis of 1929."

KATHIMERINI: "Shock and awe in the markets. Athens saw the largest intra-session drop in the history of its bourse".

LOGOS: "Domino of panic...stock markets collapse. IMF takes on leading role in the management of the global economic crisis".

PRESS TIME: "Veto by 10 MPs over [former government spokesman Theodoros] Roussopoulos. His resignation pre-empted a mutiny".

NIKI: "Armageddon for the economy. Panic over the recession that is now before the gates".

RIZOSPASTIS: "ND-PASOK burying the scandal; debate in Parliament for the preliminary examination committee on Vatopedi".

TA NEA: "Wave of redundancies by Christmas. Panic in the stock market. George: 'The state should buy bank shares'".

TO VIMA: "Panic crisis sweeps financial markets; blind sales of stocks throughout the world".

VRADYNI: "PASOK's 'Waterloo'. Motion for preliminary examination committee devolved into unbelievable parody".

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