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Athens Macedonian News Agency: News in English, 16-11-07
CONTENTS
[01] Regling: We can find solutions that will have positive impact on
Greek debt sustainability
[02] Monday's Eurogroup confirmed agreed timetable on review, debt,
say ministry sources
[03] HFSF fails to decide on new NBG chairman; new meeting on Tuesday
[04] Police reopen Patission avenue following riots outside the Athens
Polytechnic
[01] Regling: We can find solutions that will have positive impact on
Greek debt sustainability
BRUSSELS (ANA/C. Vasilaki) – The short-term measures on Greece's
debt that the European Stability Mechanism (ESM) is preparing will
be presented at December's Eurogroup, ESM's Managing Director Klaus
Regling said after the Eurogroup meeting in Brussels on Monday.
Regling said there's been progress in preparing those measures but have
not been completed yet, adding that once they are implemented, they will
have a positive result on Greek debt sustainability.
"It's too early to talk about any details but we've made good progress,"
he said. "It's important to say that some of these measures means there
could be additional cost upfront before one can have benefits later on
… but then there should be savings in the longer-term. I'm optimistic
that overall we can find solutions that will really have a visible,
positive impact on Greek debt sustainability," he added.
[02] Monday's Eurogroup confirmed agreed timetable on review, debt,
say ministry sources
Monday's Eurogroup concluded in a good climate for Greece and reconfirmed
the agreed timetable on the completion of the second program review and
the search for a solution to the country's debt in December, so that
Greece may find the new path is seeks, finance ministry sources said,
adding that different views were also expressed at the meeting.
[03] HFSF fails to decide on new NBG chairman; new meeting on Tuesday
A meeting of the general council of the Hellenic Financial Stability Fund
(HFSF) on the election of a new president for the National Bank of Greece
(NBG) was completed on Monday evening without reaching a result.
HFSF will meet again on Tuesday to discuss the same issue.
[04] Police reopen Patission avenue following riots outside the Athens
Polytechnic
Police reopened Patission Avenue near the Athens Polytechnic University
which had been closed for several hours due to riots caused by youths
earlier on Monday.
The rioters set rubbish bins on fire, ripped road signs, smashed traffic
lights and threw stones, petrol bombs and other objects against the riot
police deployed in the area to try to push them back.
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