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Athens Macedonian News Agency: News in English, 16-05-29
CONTENTS
[01] FinMin Tsakalotos: Growth with benefits that will be fairly allocated
[02] Eurogroup's agreement beneficial for the country, says State
Min Pappas
[01] FinMin Tsakalotos: Growth with benefits that will be fairly allocated
ANA/MPA---"We succeeded the non-sustainability of the Greek state debt
to be recognised by all the Europeans and all the institutions" stated
Finance Minister Euclid Tsakalotos in his article in the Sunday edition
of Ethnos newspaper.
Tsakalotos also noted that the government reached an agreement in relation
with the methodology of the evaluation of the Greek debt sustainability
and the creation of a framework for its relief adding that a series of
debt relief measures have been agreed that will have direct measurable
results as well as direct and indirect positive effects to the economy".
He also clarified that "this agreement by itself does not constitute a
comprehensive solution to the debt issue or the best possible solution
that we could have had if the conditions and the correlations were
different. However, the solution reached will not affect directly the
Greek people's everyday life because the changes will not be visible
but we can and we must change this over time. We have a clear commitment
on measures for the debt relief and their intensity will depend on the
country's real needs which will also change the conditions in the real
economy".
Concluding, Tsakalotos underlined that "now opens a 'clear corridor' and
it is in our hands to build a solid basis in order to continue according
to a road map that will get us out of the crisis and will take us from
a vicious to a virtuous circle. A circle that will change the people's
everyday life provided that the growth the Left seeks is not whatever
growth but a growth with benefits that will be allocated in a fair way".
[02] Eurogroup's agreement beneficial for the country, says State
Min Pappas
ANA/MPA---State Minister Nikos Pappas said that despite whatever
recession measures are included in Eurogroup's agreement, the country
will be benefited by the agreement in an interview to the Sunday
newspaper Realnews and addressing those who criticise the government
he said "our parliamentary majority is solid and it was proved in all
the voting procedures".
Referring to the debt he said the stability that brings this settlement as
well as the growth impetus that the Greek economy will receive after the
completion of the review along with the 700 mln euros that will be fuelled
to the market until October, will reverse the recessionary effects.
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