Athens News Agency: News in English, 06-05-15

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

CONTENTS

[01] PM Karamanlis to chair OECD's ministerial meeting in Paris

[01] PM Karamanlis to chair OECD's ministerial meeting in Paris

Speaking to reporters during a press conference held in Paris on Monday, Greek Economy and Finance Minister George Alogoskoufis, accompanied by OECD's secretary-general Donald J. Jonhston, said the agenda of the meeting focused on the international economic situation and outlook for the global economy, as well as ensuring world prosperity and improving economic performance, implementing reforms for growth and employment, OECD's future outlook and trade policies.

The Greek minister said the main issue of this year's meeting was "strengthening prosperity worldwide" and would focus on reforms that could made the world a safer place and the global economy more dynamic.

"The meeting is a significant opportunity for member-states to exchange views on international economic developments, to discuss some successful policies, to discuss economic policy priorities and to further enhance cooperation and coordination of policies," Alogoskoufis said.

Global growth is strong for the fourth consecutive year, although significant imbalances needed to be dealt with effecitively, such as high oil prices, fiscal deficits or trade surpluses and pressures on asset prices, he noted.

The OECD ministers will also examine the nature of structural policies needed to reduce imbalances and generate sustainable long-term growth. They will also exchange views on policies to support innovation, research and development, updating educational systems and life-long education. All these issues are directly related with improving productivity.

The Greek minister said policies aimed to boost growth and employment needed careful planning, strong social cohesion and determination by national governments.

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