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Athens News Agency: News in English, 08-10-15
CONTENTS
[01] FinMin on EU Summit sessions
[01] FinMin on EU Summit sessions
BRUSSELS (ANA-MPA/M. Aroni) - Greek Economy and Finance Minister George
Alogoskoufis, in statements to the press on the sidelines of the EU
Summit here on Wednesday, said that all European Union member-states
agreed, in general terms, with a proposal submitted by the 15 eurozone
countries for dealing with the current global credit crisis.
However, Alogoskoufis recognised that certain countries, such as the
Czech Republic, had a different approach on dealing with the crisis.
The econony minister stated that what is necessary is to avoid
repercussions on real economy. He further noted that Prime Minister
Costas Karamanlis, during his intervention at the Summit, underlined
the need for the citizens to be supported, for employment to be
promoted and for unemployment to be combated.
Alogoskoufis added that the proposal by British Prime Minister Gordon
Brown on reforming the international financial and credit system and
suggesting the better supervision of the banking system, was being
discussed at the Summit, adding that Greece supported this proposal.
Finally, regarding the revised Stability Pact, the economy minister
stressed that it would not change, given that the same Pact foresees
that in "extreme cases", such as the present one, there will be
"flexibility".
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