Athens News Agency: News in English, 08-10-06

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

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

CONTENTS

[01] PM: Greek banking system is secure

[01] PM: Greek banking system is secure

"Above all is our responsibility for the country, our care for the financially weaker, the people facing difficulties, who live with worry for the next day," Karamanlis told his MPs.

"The citizens demand to hear a clear-cut message on the country's course, the repercussions of the international crisis, and their day-to-day lives," Karamanlis said, and assured that "the government is in a state of constant vigilance, with a plan and clear-cut positions".

Greece, he said, is called on to withstand the pressure of the international state of affairs and to look forward with a plan, with determination, and with a sense of social responsibility.

Of exceptional importance was the fact that the Greek banking system "is secure, and the citizens' deposits are absoluteley guaranteed", the premier said, stressing that the Greek economy "is shielded, and has strong resistance".

Karamanlis explained that the global economy was going through "a deep crisis of an unpredictable duration", and referred inter alia to the rise in interest rates, the acceleration of inflation, and the substantial increase in unemployment in many EU member countries.

The prime minister called for "increased cooperation" among ministers and parliamentary deputies, warning that "there will be no tolerance for closed doors by those who hold public posts".

"From today on, we are enhancing this cooperation, boosting our overture to society, and renewing our commitment to the citizens," Karamanlis said, and called on his MPs to put forward proposals and recommendations based on their input from the people.

Caption: ANA-MPA file photo of Prime Minister Costas Karamanlis

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