HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Visit the Antenna Mirror on HR-Net
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Sunday, 28 May 2017
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens Macedonian News Agency: News in English, 17-05-18

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

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

CONTENTS

  • [01] Debate on draft law on measures and offset measures begins in Parliament
  • [02] This summer may become a turning point for the Greek economy, US envoy Pyatt says
  • [03] ND's aim is to render Greece a strong brand in Europe, says Mitsotakis
  • [04] ECB lowers borrowing ceiling for Greek banks
  • [05] FM Kotzias in Nicosia for Session of the Committee of Ministers of the Council of Europe

  • [01] Debate on draft law on measures and offset measures begins in Parliament

    The debate of the draft law on the measures and the offset measures of the agreement started on Thursday in parliament with the speeches of the deputies.

    The speeches of the political leaders are expected to start at 18.00. The voting procedure will be held at 24.00.

    [02] This summer may become a turning point for the Greek economy, US envoy Pyatt says

    US ambassador to Greece Geoffrey Pyatt on Thursday expressed his certainty that Greece is entering a new phase during which the country can build on reforms already implemented and others currently underway.

    Addressing a congress on investment opportunities and challenges in the energy sector, he stated that this summer could become a turning point for the Greek economy, after the conclusion of the review, in attracting investments mostly in the energy sector. "It is the government's matter to take advantage of the timing and to make the changes that will prove that Greece is a good place for investments," said the ambassador.

    He urged that pending privatisations must proceed and announced that next June he will attend, along with Greek Economy Minister Dimitris Papadimitriou, a conference in New York where he will reiterate his confidence in the prospects of the Greek economy.

    Referring to energy developments in the region, he reiterated the stable US strategy to support the strenghtening of Europe's energy safety. He expressed his support on the promotion of the TAP pipelines, the liquified natural gas plants in Revythoussa and Alexandroupolis and the pipeline that will link the natural gas systems from Greece to Ukraine. Howerver, he noted that these infrastructures should not transfer Russian natural gas but will change the equation and will not allow Russia to use the energy as a weapon. He clarified that US is against the North Stream 2 and the ITGI pipelines that do not support the Greek and the European interests.

    Pyatt said that there are huge prospects for investments in the energy sector in Greece (TAP is only the tip of the iceberg) as Greece has the advantage of its geographic position that links Asia and the eastern Mediterrenean with the Balkans and Europe.

    Finally, he expressed his support to the US-owned company which has bid to buy National Insurance stating that if it was selected it would bring millions of US dollars in investments and open new job positions.

    [03] ND's aim is to render Greece a strong brand in Europe, says Mitsotakis

    It is a difficult day because the fourth memorandum is voted, main opposition New Democracy leader Kyriakos Mitsotakis said on Thursday during the annual meeting of the Greek Tourism Confederation (SETE).

    "We see the great cost of three lost years for the economy and society, as well as significant additional burdens for all Greeks and especially the weaker ones," he said, adding that these measures are the result of government's choices.

    He underlined that there is another way for the country to exit the crisis, a way based on investments and restructuring with a different blend of fiscal policy and fewer taxes.

    The aim of New Democracy in the tourism sector is to render Greece a strong brand in Europe, Mitsotakis stated and stressed the importance of a clear plan on tourism development based on attracting investments.

    "Our aim is to promote tourism as a driver of growth that will push the economy forward," he said.

    [04] ECB lowers borrowing ceiling for Greek banks

    European Central Bank's governing board on Thursday did not object to a request by the Bank of Greece to lower the borrowing ceiling of the ELA mechanism for Greek banks by 1.2 billion euros to 45.3 billion by Thursday, 8 Jun 2017.

    The central bank said that this reduction in the borrowing ceiling reflected positive developments in the liquidity of Greek banks, particularly positive deposit flows by the private sector.

    [05] FM Kotzias in Nicosia for Session of the Committee of Ministers of the Council of Europe

    Foreign Minister Nikos Kotzias is currently in Nicosia to participate in the 127th Session of the Committee of Ministers of the Council of Europe which starts on Thursday with an unofficial dinner and will conclude on Friday.

    Cyprus' six month presidency in the Committee of the Ministers culminates with the organisation of the ministers' meeting of the organisation that will focus on the human rights and the democratic freedoms as well as the rule of law. In parallel the meeting will also examine ways to confront the modern challenges as terrorism, racism and the management of the mixed migration flows and the ongoing arguments in Europe.

    After the end of the meeting, Cyprus will hand over the presidency to the Czech Republic which will hold it for the next six months.


    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Thursday, 18 May 2017 - 10:38:10 UTC