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The Hellenic Radio (ERA): News in English, 08-11-10
From: The Hellenic Radio (ERA) <www.ert.gr/>
CONTENTS
[01] Karamanlis: New Warning to Banks
[01] Karamanlis: New Warning to Banks
Prime Minister Mr. Costas Karamanlis talking to the exhibition for the
50 years of the European Bank of Investments, at Maximos Mansion, on
reference to the Greek banks' participation on the ⬠28 billion plan
he was clear and explicit. He repeated his warnings against banks to
support citizens and provided guarantees for once more for bank
deposits.
As Mr. Karamanlis stressed: "Participation in the plan is volunteering.
However, we are clear that no one has the right to burden borrowers.
The state has the capability to secure that goal. The government is
determined (and had its way) not to allow behaviors against the social
collective interest. The Greek plan does not burden tax payers and does
not take out from state budget a single Euro. On the contrary, the
complete implementation can bring state profits up to ⬠200 million
that we commit to use for the reinforcement of the Social Cohesion Fund
and for State Investments."
Mr. Karamanlis presented the immediate goals of the government and
said: "We focus on our policies. On one hand on the reinforcement of
our co citizens that are mostly in need and on the other hand on the
necessary interventions so as to improve the investment environment and
to boost the productive base and development. The prospect of the Greek
economy is better than Eurozone. And that fact is of major importance.
Our immediate goal right now is to limit to the outmost, the negative
effects that have risen from the international pressure. And for that
reason we are in constant alert."
News item: 15370
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