Athens News Agency: News in English, 10-06-30

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

CONTENTS

[01] PM defends measures during debate on transparency

[02] Commission extension for Greek bank support measures

[01] PM defends measures during debate on transparency

"The common denominator in all that we do is transparency everywhere. All our choices are aimed at one goal, to permanently change Greece. To enable it to stand firmly on its feet and emerge from the crisis into which it was led by the old, bankrupt, opaque and clientelist political system and, above all, to create prospects for it," Papandreou underlined.

The draft legislation tabled by Interior Minister Yiannis Ragoussis will make it mandatory for all acts by administrative and government organs to be posted on the Internet, in addition to existing forms of publications such as the government gazette, in a bid to boost transparency throughout the public sector.

[02] Commission extension for Greek bank support measures

Additionally, the Commission also extended bank guarantees instituted by the Netherlands and Slovenia.

In terms of Greece, the initial series of support measures were taken on Nov. 19, 2008 and granted subsequent extensions on Sept. 18, 2009 and Jan. 25, 2010.

The support measures consist of a recapitalisation scheme, a guarantee scheme and a bond loan scheme, according to the Commission.

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