emg home
Azerbaijani delegation attends Summit on Transnational Crime and Global Security Forum EU Task Force presents first report on Greece IMF requesting assurances from Greece to disburse 6th tranche Greece: Former finmin demands MP retract claim that he worked for Goldman-Sachs Greece: Annual Nov. 17 protest march winds up;arrests reported, no major violence Troika reps set to arrive in Athens on Friday Papandreou urges new name initiatives, Karatzaferis forecasts Greek failure in The Hague More passengers transported through Macedonian airports in past two months Protests erupt across Italy over debt Macedonian, Montenegro nationals to cross countries' borders with ID cards Greece: Gas pipelines discussed at Istanbul conference Bloomberg: Serbia is preparing crisis plan for banks, finance official says Statement of Commissioner Štefan Füle on the political agreement in Albania Romania: Anti-corruption report: 971 persons prosecuted in 10 months Germany assists energy efficiency in Montenegro’s education facilities Campaign for Dec 4 parliamentary election officially begins EP Foreign Affairs Committee passes documents on Croatia Zagreb airport workers threaten strike on Friday EBRD urges Bulgaria to maintain fiscal discipline, improve business environment Russian Gazprom eager to set foot on Bulgaria's fuel retail market China pours EUR 30 M in agriculture in Bulgaria, EU's poorest region 264,000 Croatian citizens living in BiH entitled to vote in Croatia's elections The U.S. Embassy today opened the EducationUSA Advising Center in Banja Luka. Over 30,000 people to take part in memorial march in Vukovar on Friday Hitachi Power Europe transferring best environmental efficiency practices to Serbia Energy Sector Serbia's public debt nearing 44.3% of GDP limit New strategy of regulatory reform for improving business conditions to be prepared Metalworkers want company accounts unblocked Dacic: Regional police cooperation better than political Nikolic thinks Serbia will get EU candidate status LDP:No candidate status without change in priorities Tadic: Lack of newborns poses most dangerous challenge Signing of statement of intent on project of construction of Belgrade metro Cvetkovic to meet with Lellouche Krkobabic to visit Centre for Asylum-Seekers in Bogovadja Ciric to sign Memorandum of Understanding with Swarovski representative Conference on harmonisation of regional activities in disaster prevention Cvetkovic, EU Commissioner for International Cooperation to meet Djelic to visit Warsaw Djelic presents Serbia's progress towards EU in Dublin Kosovo expected to open its first stock exchange Serbia open to energy supply projects Cvetkovic and Erdogan on improvement of cooperation Nordic Days in Serbia open KiM Minister: Intensive talks with Serbs in Kosovo Stefanovic: Still no agreement on crossings Kosovo PM: Integrated management is border recognition EU Official: Dialogue to continue on Nov. 21 Quorum problems open issue of Government's survival

New Greek PM unveils policy platform in Parliament

16. November 2011. | 10:10

Source: AMNA

Unveiling his policy platform in Parliament late on Monday, at the start of a three-day debate that will culminate in a vote of confidence for the new three-party cooperation government, new Greek Prime Minister Lucas Papademos said that the first priority will be to unlock the 6th tranche of EU-IMF bailout loans for Greece, by December 15 at the latest.

Unveiling his policy platform in Parliament late on Monday, at the start of a three-day debate that will culminate in a vote of confidence for the new three-party cooperation government, new Greek Prime Minister Lucas Papademos said that the first priority will be to unlock the 6th tranche of EU-IMF bailout loans for Greece, by December 15 at the latest.

"Greece is at a particularly crucial crossroads and the choices we make about the policy to be followed will be of definitive importance for the prosperity of the Greek people," he said.

Describing his government as a "bridge that will facilitate the country's transition to fiscal reform and a developmental course," he stressed that it will seek to implement the commitments arising from the decisions made by Eurozone leaders on October 26 and the economic policies associated with them.

Papademos said that the actions for meeting these commitments will be handled exclusively by the Greek finance ministry and stressed that the new government had to get started straight away and move quickly, since the work to be done was disproportionately large relative to its planned duration.

He listed four priorities, starting with the release of the 6th tranche of bailout loans, completing talks with the EU-IMF troika on the second bailout, the signature of the new loan agreement by the end of the year and passing the state budget.

Greece will soon make an official announcement concerning the PSI bond exchange programme, he added.

"We are taking charge at this crucial time because the country's participation in the euro is at stake," Papademos said, stressing that a condition for success was to "regain confidence in our own strength".

He said the government will seek to carry out structural reforms that will improve the competitiveness of the Greek economy, focusing especially on the implementation of those changes that had already been passed into law, such as the new wage scale and reorganisation of the public sector, policies in labour law, the opening of closed professions and action to ensure the viability of pension funds and support society's weakest and most vulnerable.

Among these he emphasised policies designed to boost employment, lower the cost of the health system by extending e-prescription systems, reducing drug costs and restricting pharma profits and others.

He also called for the need to adjust the National Strategic Reference Framework to reflect the new conditions, based on the Eurozone leaders' agreement of October 26 and referred to the need for reforms designed to support and encourage Greece's export sector, or to follow through the reforms already initiated in the education sector.

The new Greek prime minister, a former central banker and economic policy expert, said that the policies so far attached with the bailout package for Greece had deepened the recession and increased unemployment but appeared confident that this could be mitigated through reforms.

He particularly emphasised the need to broaden the tax base and clamp down on tax evasion in order to emerge from the crisis.

Praising the leaders of the three parties that agreed to participate in his government, he said their decision was an important step in the direction of consensus and understanding for the country's salvation.

Calling on the party leaders to support his government, Papademos stressed that this was not a demand of "faceless" organisations but of the national governments and tax-payers of other countries that were giving their support to Greece.

He also underlined several times that the way forward for Greece was within the euro, stressing that this made conditions for a recovery easier and not harder, providing monetary stability and contributing to the cohesion and solidarity of European peoples.

The debate in the Greek Parliament will continue on Tuesday and culminate in confidence motion on Wednesday afternoon.


My Web

Enter text:


14. November - 20. November 2011.