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Athens News Agency: News in English, 08-11-13

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] Merchant marine minister presents open sea ship in Mytilene
  • [02] FinMin addresses LSE conference

  • [01] Merchant marine minister presents open sea ship in Mytilene

    Merchant Marine, Aegean and Island Policy Minister Anastasis Papaligouras presented at the port of the eastern Aegean island of Mytilene on Thursday the Harbour Authority's Open Sea Ship 60, which had arrived on the island a week ago to help the harbour authorities' task regarding the problem of illegal immigration in the region.

    "Illegal immigration is an issue of top priority not only for Greece but for all the member-states of the European Union," the minister said during his brief address, adding that special operational planning for handling the phenomenon of illegal immigration anticipates the activation of the Open Sea Ship 60 that is already in Mytilene.

    [02] FinMin addresses LSE conference

    Finance and Economy Minister George Alogoskoufis made an address at the London School of Economics on Thursday on the theme "Europe, the crisis and the global economy," stressing that what is required to overcome the international monetary crisis is effective coordination at global level.

    Alogoskoufis added that there must also be such a coordination so as to exercise fiscal policy to avoid a long and protracted recession. In parallel, structural reforms must be strengthened, as well as social policy, in order to handle the repercussions of the crisis on the financially weaker groups.

    The minister placed emphasis on promoting structural reforms that increase productivity and protect the environment and on the assumption of new initiatives for further deregulating international trade and incorporating developing economies in the global economy. Mature reforms in global economic governance must be speeded up, so that Russia, China, India and Brazil can be incorporated, he said.

    Alogoskoufis concluded by saying that an economic crisis is not only a threat but an opportunity as well.

    "Let as correct the weaknesses of the previous model of globalisation and let us create a new model that will function for the benefit of all people in the world," he said.

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