Athens News Agency: News in English, 10-08-22

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

CONTENTS

[01] PM's phone contacts with foreign leaders

[02] 'Goal is to avoid bankruptcy'

[03] Panathinaikos to honor Bobek

[01] PM's phone contacts with foreign leaders

Papandreou reportedly touched on the situation in the Middle East, the Cyprus issue, and bilateral relations between Greece and Lebanon and Greece and Libya, respectively.

[02] 'Goal is to avoid bankruptcy'

Loverdos, whose interview was published by the Athens daily "Ethnos", said the upcoming period will be the first since the early 1950s when a majority of Greeks will see lower incomes than in preceding years.

He added said the major goal is for the country to avoid bankruptcy because this would mean the same obligations to banks and public utilities organisations yet translate into one-half of incomes and a halving of people's property values.

Additionally, the minister underlined that Prime Minister George Papandreou's basic concern is to set the economy on a development track, while referring to the possibility of social clashes, Loverdos said he regards "as a major danger" citizens' refusal to participate in the common economy (paying taxes, social security contributions).

[03] Panathinaikos to honor Bobek

Zagreb-born Bobek, one of the greatest Yugoslav strikers of all time, died early Sunday at the age of 86 in a Belgrade hospital.

Additionally, Panathinaikos cited Bobek's contributions to the club in statements on the team's official website.

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