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Athens Macedonian News Agency: News in English, 15-05-22

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

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

CONTENTS

  • [01] IMF's role 'essential' in Greek debt talks, German finance ministry says
  • [02] Pittella: Agreement with Greece must be reached within a week
  • [03] No party official will risk overthrowing government by rejecting deal, SYRIZA MEP says
  • [04] Prolonged uncertainty freezing investments, employment, SEV report‏ warns

  • [01] IMF's role 'essential' in Greek debt talks, German finance ministry says

    BERLIN (ANA-MPA/ F. Karaviti) The International Monetary Fund's role is "essential" in efforts to stabilise Greece, German finance ministry spokesman Martin Jaeger said earlier on Friday. He noted that the IMF, along with the European Central Bank and the European Commission, were the three institutions with which Greece must negotiate reforms. Jaeger was replying to questions quoting German press reports that the EU was organising a meeting on Greece without the IMF's participation. German government's deputy spokeswoman Christiane Wirtz, meanwhile, said she was "unaware of any such thoughts" and that all sides were following the agreement of February 20, which demanded steps of progress by Greece. She noted that there must be agreement with the three institutions and then the finance ministers must decide. Asked about Thursday's meeting between Greek Prime Minister Alexis Tsipras and French President Francois Hollande in Riga, she clarified that the decisions and agreements will not be made by heads of government and that no specific reform proposals were agreed in Riga.

    [02] Pittella: Agreement with Greece must be reached within a week

    ANA-MPA -- An agreement between Greece and its EU partners must be agreed upon within the next week which will resolve its liquidity and debt issues and include implementation of reforms by the Greek government, the President of the Progressive Alliance of Socialists and Democrats (S&D) in the European Parliament, Gianni Pittella, said during a press conference at the offices of the European Parliament in Athens on Friday. Pittella said this is the message he will confer to Prime Minister Alexis Tsipras at their meeting on Saturday, he told ANA-MPA, adding that European Socialists are trying to secure the best conditions for an agreement to Greece so that it won't have negative effects on the economy. "Both sides have to show the will to reach a good agreement," he said, adding that the deal should take into account the current situation in Greece. Pittella noted European institutions cannot demand unrealistic targets as doing so will so they don't want a deal. He also said the party is against the logic of a "take it or leave it" deal for Greece, an opinion which may have been voiced by some people, and that no one has given the government any ultimatums. Pittella clarified that no one should discuss a "plan B" or a "Grexit" scenario for Greece and that all sides are geared towards achieving a deal.

    [03] No party official will risk overthrowing government by rejecting deal, SYRIZA MEP says

    ANA-MPA -- SYRIZA MEP Dimitris Papadimoulis said on Friday he believes that no senior official or wing of the main coalition party will risk overthrowing the government by rejecting a deal brought for approval by the Prime Minister Alexis Tsipras. Responding to a question on dissent within SYRIZA, Papadimoulis told Skai radio there may be disagreements and different views but everyone will support the government in the end. "Talks, different opinions and estimations exist within SYRIZA. And in such a difficult negotiation it's logical and to be expected. But to overthrow the government, or a denial by SYRIZA's parliamentary group or by the government coalition to support and implement a deal which the government and the prime minister personally will bring, no I don't see that. I'm categorical on this," Papadimoulis said. "I don't think there will be a SYRIZA wing or senior party official who will want to assume the responsibility, at this phase, to pull the rug under the prime minister's feet, to help overthrow the government, to vindicate the scenario of our opponents for a brief left-wing parenthesis, or to push the scenario which all our opponents are rabidly promoting both domestically and abroad: the split-up of SYRIZA," he added. Commenting on the ongoing negotiations, the MEP said it's now up to the leaders to resolve "knots" in the talks which will speed up the work of technocrats and prepare the documents which will be signed by the Eurogroup.

    [04] Prolonged uncertainty freezing investments, employment, SEV report‏ warns

    ANA-MPA -- The unprecedented and prolonged period of uncertainty currently prevailing in the Greek economy has frozen investments and keeps unemployment at very high levels, as investors await an agreement with the country's creditors, the Hellenic Federation of Enterprises (SEV) said in its weekly bulletin on the Greek economy released on Friday. "Never before in the modern economic history of the country there has been such a prolonged period of dynamic instability as the one currently prevailing in the Greek economy in the last few months of 2014 onwards. The country is in an unbelievable swirl…the economy is in a downward spiral…the economy is faltering," SEV said in the report. The Federation noted that the lack of a clear result in the negotiations with the country's partners and of a credible outlook for the Greek economy was having a negative impact on economic activity, delaying any investment initiative and the absorption of thousands of unemployed people. Growth policy is absent in the current difficult economic conjucture, although efforts were made to restore restrictions on competition and deregulating the labour market, the best recipe for a deepening of recession. There was also a climate of overtaxing the economy with a planned increase in VAT rates in the tourist industry that could lead to the country to a deeper recession and higher unemployment. The real estate asset market is in a stalemate as the liquidation of property is impossible without any huge loss. Overtaxation of taxpayers will lead to a shrinking tax base and to an exit of workers and enterprises abroad, SEV noted.
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