Athens Macedonian News Agency: News in English, 16-07-06

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

CONTENTS

[01] PM Tsipras in Shanghai Museum: 'The most ancient cultures meet in an effort for a better future'

[02] Fitch: Capital controls could be relaxed from late 2016

[03] ND leader Mitsotakis discussed Greek program in meeting with ECB's Draghi

[04] Observatory on Crete to host unique experiment seeking traces of 'Big Bang'

[01] PM Tsipras in Shanghai Museum: 'The most ancient cultures meet in an effort for a better future'

"Visit to the Shanghai Museum. The most ancient cultures meet in an effort for a better future," Tsipras said in a post on the Greek prime minister's Twitter account during the visit.

[02] Fitch: Capital controls could be relaxed from late 2016

The agency added however, that Greek authorities will possibly want to see further improvements in investor and customer confidence before capital controls are eased. "In our view, the economic and political environment remains fragile and confidence has not yet returned to the financial system. Our standalone viability ratings assigned to the Greek banks remain at 'f'," Fitch said.

[03] ND leader Mitsotakis discussed Greek program in meeting with ECB's Draghi

Mitsotakis met with the president of the ECB Mario Draghi, at the headquarters of the Bank in the German city, in order to present New Democracy's plan for exiting the crisis. He also leveled against the government and Prime Minister Alexis Tsipras when called to comment on the referendum of July 5.

"Today, all Greek citizens pay increased taxes, increased contributions and receive lower pensions as a result of that disastrous period of alleged negotiation that led to the tragic referendum of July 5," he said.

The leader of the main opposition also reiterated the party's request for an investigating committee to find out what exactly happened that period.

The two officials discussed the prospects of the Greek banking system and the economy in general. "I explained to Draghi that a necessary condition for the recovery of the Greek economy is the implementation of structural reforms that will improve the competitiveness of Greece and attract investments, investments that will create jobs, investments that will be able to give a real perspective to young people in Greece who are now frustrated," Mitsotakis underlined.

On his side, Draghi recognized that there has been significant progress concerning the implementation of the third program in the last year, which resulted in the bank reinstating the waiver on Greek bonds on June 22, according to a central bank spokesperson. He also stressed anew the need to implement quickly and effectively the extensive and ambitious reforms foreseen in the program, as well as take ownership of the measures, in order to promote economic growth and support job creation.

The meeting was also attended by Executive Board member Benoit Coeuré.

[04] Observatory on Crete to host unique experiment seeking traces of 'Big Bang'

The attempt was announced on Wednesday at the European Week of Astronomy and Space Science EWASS 2016 conference held in Athens, which organised by the Eugenides Foundation in collaboration the European Astronomical Society and the Greek Astronomical Society.

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