Make it your homepage |   E-mail: Subscribe Unsubscribe

Argentina files dispute against the European Union on biodiesel

This text is replaced by the Flash movie.

Monday, May 20, 2013
News Making Money

Greek prime minister renounces old speech tradition

11/08/2012 01:35 (282 Day 07:10 minutes ago)

The FINANCIAL -- Greek Prime Minister Antonis Samaras will not give the traditional speech that presents the government's agenda in the city of Thessaloniki every September, sources from his cabinet said on Friday.

ADVERTISEMENT

 

Since 1926, all prime ministers have presented their government's economic programme at the opening of the annual Thessaloniki International Fair, in the north of Greece, that takes place in early September.

"There will be no speech and no press conference," the source told AFP without providing an explanation for this change.

September will be crucial for Greece, as representatives of the cash-strapped country's international creditors are expected to be in Athens during the whole month.

The so-called troika of European Union, International Monetary Fund and European Central Bank auditors visited the Greek capital in August, but have put their report on hold for September pending further negotiations.

Greece depends by EU-IMF bailout packages, but has fallen behind in implementing structural reforms that are part of its loan agreements owing to back-to-back elections that caused a two-month political deadlock.

Conservative Samaras, leader of a three-party coalition government, has to cut 11.5 billion euros ($14 billion) in spending to unlock the next installment of the bailout package, which amounts to more than 31 billion euros.

Samaras is to meet Jean-Claude Juncker, head of the eurozone finance ministers group, on August 22 in Athens.

As EUbusiness reported, the Greek premier will also meet German Chancellor Angela Merkel in Berlin on August 24, and French President Francois Hollande the next day in Paris.

European Commission President Jose Manuel Barroso, who visited Athens at the end of July, said Greece must deliver on its obligations if it wishes to remain in the eurozone.

 

 

Make Your Comment

Add NewSearchRSS
Only registered users and facebook social network members can write comments!

This text is replaced by the Flash movie.




Politics
“The ECA’s role of external auditor of the EU is more important than ever in its 35-year history”

09/05/2013 06:55 (11 Day 01:50 minutes ago)

The FINANCIAL -- Luxembourg Prime Minister Juncker, Minister of State Perry representing the Irish Presidency of the Council, and ECA President Caldeira, spoke today - the eve of Europe Day - at the inauguration of the ECA’s new building, about the challenges facing the European Union and the role of the European Court of Auditors .

Read more...






Developed by Aleksandre Chiabrishvili

Design built by Creo Group