Athens News Agency: News in English, 08-10-11

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

CONTENTS

[01] Papandreou proposes Greek 'New Deal'

[02] KKE leader on int'l credit crisis

[03] Tsipras addresses EL

[01] Papandreou proposes Greek 'New Deal'

Papandreou stressed that "the right time for a new social agreement has arrived, for a Greek 'New Deal' that all will contribute and by which all gain: workers, the state, as well as healthy and productive enterprises".

Regarding the international financial crisis, Papandreou pointed that it is better for the state to reinforce banks' capitalization by buying stocks - as done in Britain - instead of buying 'toxic' products as he said was being done in the United States.

Papandreou reiterated that PASOK's proposal for dialogue with all of the country's "progressive political forces" is a "position of responsibility and not a tactical move", adding that "what we said before the opinion polls, we continue to say, we haven't changed our course".

Finally, as per the latest FYROM name issue proposals, the former foreign minister underlined that they do not cover the prerequisites of a so-called "national red line", repeating that any hint of a double name formula is unacceptable.

The interview was published in the daily "Ta Nea".

Caption: ANA-MPA file photo of main opposition PASOK party leader George Papandreou

[02] KKE leader on int'l credit crisis

According to the communist leader, the loss of influence by the US on global markets may cause Washington to become more aggressive.

Referring to Prime Minister Costas Karamanlis, she said he is 'out of time and place', saying that the Greek premier speaks for hard core of capitalism.

Referring to government's decision to raise guarantees to 100,000 euros for each bank deposit, Papariga said such a bank crash will leave nothing for depositors.

She also said a PASOK proposal for a 1,000 euros benefit towards low-income families "this is not a proposal, because poverty is not combated by 69 cents per day.

Caption: ANA-MPA file photo of Communist party of Greece (KKE) secretary general Aleka Papariga

[03] Tsipras addresses EL

Among others, the Greek leftist leader said "we are experiencing historic moments, because we are at a turning point for the global economy," adding that the global credit system is caught up in an unprecedent crisis.

"Now is the right time for socialist ideas and principles to make their counterattack," he opined.

Caption: ANA-MPA file photo of Synaspismos party leader Alexis Tsipras

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