How We Present the News
WORLD NEWS
Positive Trends
Success Stories
Flops
Agriculture
Business
Culture
Education
Government
Health
Science
World Peace
News by
Country
Maharishi in the World Today
Excellence in Action
Consciousness Based Education
Ideal Society
Index
Invincible World
Action for
Achievement
Announcements
WATCH LIVE
Maharishi® Channel
Maharishi TV
Maharishi Darshan Hindi Press Conferences
Maharishi's Press Conferences and Great Global Events
ULTIMATE GIFTS
Maharishi's
Programmes
Maharishi's
Courses
Maharishi's
Publications
Scintillating
Intelligence
Worldwide Links
Transcendental
Meditation
RESEARCH
Album of Events
Celebration
Calendars
Musicmall ♬
Search
|
Greek premier eyes growth for 1st time in 8 years
by Demetris Nellas
The Associated Press Translate This Article
6 September 2014
ATHENS, Greece (AP) - Greece's economy is expected to expand in the third quarter for the first time in eight years, Prime Minister Antonis Samaras said Saturday.
In a speech in the northern Greek city of Thessaloniki, Samaras hailed what he said was an 'unprecedented success' in getting the heavily indebted country out of its deepest ever financial crisis.
'In a couple of years, we have made more reforms than in previous decades,' he said, referring to his tenure as prime minister.
Before agreeing to support a coalition government with the socialists in November 2011, conservative leader Samaras had opposed many of the austerity measures he later embraced wholeheartedly.
Samaras promised a 30 percent reduction in the taxation of heating oil, reversing a measure imposed in 2012 which failed to bring added revenue and adversely affected the environment. He also said he would lighten the burden of a much decried property tax based on property values from before the crisis.
The Greek premier also said he will set up a development fund to help small and medium firms and will cut power prices for industries.
Samaras said it is impossible to bring wages and pensions up to pre-crisis levels but promised raises for military and police personnel, seen as a conservative-friendly constituency.
Samaras was speaking at the opening of the Thessaloniki International Fair, a traditional venue for Greek leaders to announce the coming year's economic policy.
The Greek premier also hailed what he said was a success in reforming health, social security and education by cutting excessive spending and combatting fraud.
Anti-government protests, a usual staple of the Thessaloniki fair, will take place Saturday but are expected to be milder than in previous years. Nonetheless, 4,000 policemen are ready and there has been a ban on protests near the fair grounds.
Copyright © 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Every day Global Good News documents the rise of a better quality of life dawning in the world from good news reported by the press; and highlights the need for introducing Natural Law based-Total Knowledge based-programmes to bring the support of Nature to every individual, raise the quality of life of every society, and create a lasting state of world peace.
Translation software is not perfect; however if you would like to try it, you can translate this page using:
Send Good News to Global Good News.
Your comments.
|
|