Athens News Agency: News in English, 07-10-21

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

CONTENTS

[01] FinMin George Alogoskoufis in Washington

[01] FinMin George Alogoskoufis in Washington

Alogoskoufis underlined the government's commitment to carry out further reforms in the wider public sector and in the social security system and to confront tax evasion, while continuing fiscal adjustment in order to achieve balanced budgets by the year 2010.

The minister also placed emphasis on the country's active presence in the sessions of the IMF and the World Bank, stressing that Greece intends to gradually increase its contribution to the International Development Organisation.

Alogoskoufis pointed out that Greece supports the decision taken by the World Bank to use its financially powerful position in the effort to handle poverty, with the commitment to provide 3.5 billion dollars from its profits for the International Development Organisation.

Commenting, lastly, on the consequences for the Greek economy stemming from ongoing oil price hikes, Alogoskoufis said that the Greek economy has the ability to overcome whatever negative consequences provided that reforms and the restructuring of the economy are continued.

CAPTION: ANA-MPA file photo of Finance and Economy Minister George Alogoskoufis.

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