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Home arrow In Brief arrow €uroArea says Greece made Good Progres and is back on Track. It asks Public Sector Structural Reform

€uroArea says Greece made Good Progres and is back on Track. It asks Public Sector Structural Reform

Written by ACM
Friday, 19 October 2012
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*Brussels/EU+€uroarea Summits/Angelo Marcopolo/- All the 17 €uroArea Countries, in an unprecedented and non-scheduled official "Statement of .. Heads of State/Government on Greece", "welcome(d) Progress made by Greece", and "the Determination of the (New) Greek Government", and "commend(ed) on the remarkable efforts by the Greek People", as they stressed.


In particular, "Good Progress" was made recently, in order to bring the country's adjustment programme "Back on Track", the Brussels' €uro Summit found.
Moreover, the statement explicitates the remaining "Conditions" which "will allow Greece to achieve renewed Growth and will ensure its Future in the €uroArea" :


- "We expect Greece to continue Budgetary and Structural policy Reforms, and we encourage its efforts to ensure swift implementation of the (adjustment) programme", which is "necessary in order to bring about a more competitive private sector, private investment, and an effective Public Sector", they stressed.


In this regard, soon, Ministers of the "EuroGroup "will examine the outcome of the ("on-going") review, in the light of teh Trika (EU/ECB/IMF) Report, and will take the necessary Decisions", the €uroArea Heads of State/Government's Statement anounced.

 (Comp. also : http://www.eurofora.net/newsflashes/news/eurozoneongreece.html )

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Europe brings Development dynamics at Global Crisis' Summit debates

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    Thanks also to EU Parliament Plenary's Strasbourg gathering, EU, during the French EU Presidency, managed to integrate the Development issues at Top Debates on the World Summit against the Economic Crisis  :

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    A practical opportunity for EU to reflect where it's better to spend EU Citizens' money...

    The move is prolonged in several Paris' meetings of EU chair, French President Nicolas Sarkozy with African Heads of State leading regional Organizations, as from Tanzania (A.U. Chair), Burkina Faso (chair of Economic African organizations), Togo, etc, (in parallel with a Ministerial EU - African Union conference in Ethiopia, followed by a visit to Tchad), logically concluded by a meeting with Robert Zoellic President of the World Bank.

    Many have already warned that an eventual aggravation of Development's Gap accross the World might become much more dangerous to Global Economy, Security, Values and Quality of Life, than Global Warming and/or other, even more serious challenges...

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