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Athens News Agency: News in English, 11-05-12Athens News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Athens News Agency at <http://www.ana.gr/>CONTENTS
[01] Samaras: 'Creative shock' to restart economyANA-MPA/Main opposition New Democracy (ND) leader Antonis Samaras called for a "creative shock" to restart the Greek economy, in a platform of proposals he unveiled on Thursday.At an event dubbed "Zappeion 2", Samaras warned that the country's debt was a "paralyzing" factor and dangerous, and reiterated charges that the government had pre-decided the recourse to the International Monetary Fund (IMF), while also criticising the government of not negotiating the terms of the Memorandum. Greece can emerge from the crisis and become better, without returning to "dependent prosperity", Samaras said, and urged that the "ghosts of populism and fatalism" be laid to rest, adding that he was proposing a "pact of self-confidence and dignity". ana-mpa Stressing that the economy needs to be restarted, Samaras said a bold and immediate, as well as medium-term, reduction of the tax rates, was the top priority, and proposed a 15 percent rate on corporate profits, a reduction of the highest tax rate from the current 45 percent to 40 percent, a reduction of the highest VAT rate from the current 23 percent to 19 percent, and a 5.5 percent tax rate for tourism businesses. Caption:Main opposition New Democracy (ND) leader Antonis Samaras unveils his party's proposals to exit from the crisis at an event held in Zappeion, Athens on Thursday 12 May 2011. ANA-MPA/SYMELA PANTZARTZI More details on the subscriber's page of ANA-MPA | Subscription request form  [02] Greek banks' borrowing from ECB down in MarchANA-MPA/Greek banks' dependence on borrowing from the European Central Bank (ECB) declined in March, according to figures released by the country's central Bank of Greece (BoG).According to the BoG, Greek banks' overall borrowing from the ECB fell to 87.9 billion euros in March from 90.4 billion euros in April.ana-mpa The liquidity forthcoming from the ECB to Greek banks has fallen by 9.8 billion euros since the beginning of the year, the central bank said, attributing the decline to the policy of reducing loan extension followed by the Greek banks. More details on the subscriber's page of ANA-MPA | Subscription request form  [03] Three policemen suspended in serious injury of protestor in AthensÁÍÁ-ÌPA/Three MAT riot police officers and their squad leader were placed on suspension at noon Thursday by Greek Police (ELAS) chief Lefteris Economou after video footage showed them using excessive force during clashes with protestors in downtown Athens during a labor strike, in which a 31-year-old protestor was critically injured.ana-mpaA police headquarters announcement said that the three officers appearing in video footage uploaded on the internet using excessive force, and in particular mercilessly beating a fallen protestor in the street, have been identified and were placed on suspension. More details on the subscriber's page of ANA-MPA | Subscription request form  [04] Unemployment reaches 15.9%ANA-MPA/Greek unemployment jumped to 15.9 pct in February this year, with the number of unemployed people totalling 787,229, up by 181,952 in 12 months, the independent Hellenic Statistical Authority said on Thursday. The statistics service, in a report, noted that unemployment soared among young people, with the unemployment rate in the category rising to 40.4 pct in February, up 8.5 percentage points from the same month last year.ana-mpaThe unemployment rate jumped to 15.9 pct in February, from 12.1 pct in February 2010 and 15.1 pct in January 2011. The number of unemployed people rose by 181,952 in February from the same month in 2010 (an increase of 30.1 pct) and by 30,435 or 4.0 pct compared with January 2011. The number employed people totalled 4,178,312 in February, down 225,739 compared with February 2010 and by 89,272 compared with January 2011. More details on the subscriber's page of ANA-MPA | Subscription request form Athens News Agency: News in English Directory - Previous Article - Next Article |
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