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Athens Macedonian News Agency: News in English, 15-09-22
CONTENTS
[01] Around 200 refugees transferred to Tae Kwon Do indoor stadium due
to heavy rain
[02] Stiglitz: Germany is responsible for the chaos in Greece
[01] Around 200 refugees transferred to Tae Kwon Do indoor stadium due
to heavy rain
ANA-MPA -- Approximately 200 refugees camped out in Athens' Victoria
Square, who had sought refuge from the rain by descending onto the
platforms of a nearby metro station, were transferred late on Monday
to theTae Kwon Do indoor stadium in Paleo Faliro.
"The refugees will stay in the indoor stadium of Tae Kwon Do for two
days," the mayor of Paleo Faliro Dionysis Hatzidakis said to ANA-MPA.
[02] Stiglitz: Germany is responsible for the chaos in Greece
ANA/MPA---Economy Nobel prize winner Joseph Stiglitz criticized once
again the austerity policies imposed on Greece by Germany and the
eurozone, saying that "Germany is responsible for the chaos." In an
interview with the German newspaper Tagesspiegel, Stiglitz estimated that
Greece's financial problems have not been solved after the agreement on
the third bailout. "The problem has been transferred to the future. We
must wait to see what will happen after the elections, if there will be
a coalition that will be able to break the old system of oligarchs. The
troika has so far not helped much in this direction," the American
economist underlined. According to Stiglitz, Greece needs a haircut on
its debt. "The International Monetary Fund (IMF) has made clear that
Greece cannot service its debt, the country needs a debt haircut. This
is a fact regardless of how you name it: haircut, restructuring or
anything else." The American economist also considered that if some of
the goals set by the troika are not revised, "the recession in Greece
will be greater." Among the targets that should be changed is the 3.5%
surplus that Greece needs to achieve in 2018. "What kills Greece is
not only the lack of efficiency in the public sector and the private
sector. When the banking system in Greece is so destroyed, it cannot do
much for small and medium sized enterprises, and Greece is a country
of small and medium-sized enterprises. We must find a way to restart
their financing," he stated. Stiglitz concluded that the austerity
policy that Germany promotes "is a dangerous policy."
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