. Earth Science News .




.
POLITICAL ECONOMY
Greek people have given everything, says president
by Staff Writers
Athens (AFP) Oct 28, 2012


Greek President Carolos Papoulias said Sunday the nation's people have given all they have to drag the country out of its crippling economic crisis, and voiced hope it would end soon.

Papoulias said recovery from the crisis, which has made the heavily indebted country dependent on international aid for two years, has to come "soon, because you cannot ask more from these people who have given everything."

Speaking after an annual military parade, the president, nonetheless expressed his optimism that "despite the hardships, Greek people will exit the crisis".

Greece, heading for a sixth straight year of recession, has been dependent on loans from the 'troika' of European Union, European Central Bank and International Monetary Fund to stay afloat.

Eurozone ministers and officials are to hold a series of meetings in coming days to decide whether Athens has done enough to unlock a 31.5-billion euro ($41-billion) slice of aid and whether a Greek request for two extra years to implement reforms should be granted.

In Austria, European Central Bank governing council member Ewald Nowotny took Greece's side, saying that Athens must be given more time to sort out its finances.

Nowotny, also Austria's top central banker, noted in an interview with national broadcaster ORF that Greece has "a long-term problem that is not solvable in two years and without outside help".

"Either we are ready to help over the long-term or there is a risk of collapse, with all of its consequences," Nowotny said.

He added that decisions have to be made quickly, echoing Papoulias' call.

Papoulias was speaking at the end of an annual military parade in the northern city of Thessaloniki to celebrate Greek resistance to the Axis powers during World War II. This year's event also marked the end of a three-day celebration commemorating the Balkan Wars of 1912-1914 that restored Thessaloniki to Greek control.

Underlining Greece's contribution in World War II, Papoulias said many people outside Greece want to "forget" about it, because they don't want to "recognise what Europe owes to this small Greece."

The Thessaloniki event and an annual student parade in Athens both took place under increased security measures to avoid potential trouble.

In addition to a heavy police presence, special traffic regulations were imposed in the northern city, while Athens city centre was sealed off from early in the morning.

Anti-austerity protests organised around Greece by members of radical leftist party Syriza and communist-affiliated group Pame mostly took place without incident.

Tension flared briefly in Thessaloniki when some protesters tried in vain to storm the police blockade. They later then moved to another part of the city and held an uneventful march there, state broadcaster Net reported.

In the city of Heraklion, on the southern island of Crete, protesters were repelled by police when they forcefully tried to enter the square where the parade took place and three people were detained, the Athens News Agency reported.

"We have a historical duty to pass down to future generations a country rid of the past's mistakes," said Education Minister Constantinos Arvanitopoulos after the Athens parade, where one of the students protested by walking barefoot.

Last year, thousands of anti-austerity protesters had blocked the Thessaloniki parade, forcing the president to walk away minutes before the event began.

Tension had also run high at many of the student parades around the country and minor scuffles had broken out between protesters and police in various cities.

.


Related Links
The Economy






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...







POLITICAL ECONOMY
China's yuan currency hits fresh record high
Shanghai (AFP) Oct 26, 2012
China's currency hit a record high against the US dollar for the second straight day on Friday, amid US political pressure and growing confidence in the domestic economy, analysts said. The currency touched an intra-day high of 6.2380 to the dollar at the open, marking the highest level since 1994 when the country launched its modern foreign exchange market. Analysts said China may be al ... read more


POLITICAL ECONOMY
Clinton hails Haitian post-quake reconstruction

Top Italy scientists resign in protest at quake ruling

Japan's radiation monitoring unreliable: Greenpeace

Japan saves 64 Chinese seamen from burning freighter

POLITICAL ECONOMY
A new take on the Midas touch - changing the colour of gold

French Magpie start-up leaches gold from water with modern alchemy

US DoE's Ames Laboratory improving process to recycle rare-earth materials

Droplet response to electric voltage in solids exposed

POLITICAL ECONOMY
Helping North America's marine protected areas adapt to a changing climate

Suez reports operating profit fall on delay to Melbourne water plant

Genetic Patterns of Deep-Sea Coral Provide Insights into Evolution of Marine Life

EU keeps fishing subsidies, attacked by environmentalists

POLITICAL ECONOMY
Opposite Behaviors? Arctic Sea Ice Shrinks, Antarctic Grows

New understanding of Antarctic's weight-loss

Australia's Antarctic runway melting

Arctic seafloor said littered with plastic

POLITICAL ECONOMY
Formula unlocks secrets of cauliflower's geometry

Rice agriculture accelerates global warming

Combined pesticide exposure affects bumblebee colony success

Panels reject study on GM corn but urge wider probes

POLITICAL ECONOMY
NY scrambles to gird for Sandy, hopes to miss its wrath

Hurricane Sandy heads for US after killing 59 in Caribbean

New York declares emergency ahead of Sandy

Hurricane Sandy kills 2 in Haiti, heads to Bahamas

POLITICAL ECONOMY
Mobile phone app developers take on Africa

Sudan accuses Israel of air raid, threatens action

Morocco trial of 23 Sahrawis postponed indefinitely

Tuareg killed by uniformed men in central Mali: reports

POLITICAL ECONOMY
Grandmas made humans live longer

How fear skews our spatial perception

New Stanford analysis provides fuller picture of human expansion from Africa

New images could crack ancient writings




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement