Saturday April 19, 2014 Search
Weather | Athens
17o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Steinbrueck cites progress but sees longer recovery in Athens visit

During a visit to Athens Wednesday, Germany’s Social Democrat candidate for chancellor, Peer Steinbrueck, repeated his call for Greece to be given more time to complete its fiscal adjustment and expressed reservations about when the Greek government might be able to turn to the international markets for its borrowing requirements.

On a whirlwind 24-hour visit to Athens, during which he met with President Karolos Papoulias, Prime Minister Antonis Samaras, Finance Minister Yannis Stournaras and PASOK leader Evangelos Venizelos, the SPD’s chancellor candidate acknowledged that Greece had made significant steps and could end the year with a primary surplus.

However, he said that the government had to make greater efforts to produce a fairer tax system. Steinbrueck, who served in the past as finance minister in a coalition government led by Chancellor Angela Merkel, said he had relayed his concerns to Stournaras, pointing out that the legitimacy of Greece’s program would be questioned if the burden continued to fall on Greeks who have seen their wages slashed while few inroads are made into tax evasion.

Steinbrueck’s party is trailing Merkel’s conservatives in opinion polls ahead of national elections this fall but the SPD candidate insisted the possibility of the Social Democrats winning was not “utopian.” He said that an SPD-led government would place more emphasis on maintaining social cohesion in Greece and driving growth and job creation.

“I fear, though, that Greece’s return to the markets will take longer than what we expect today,” added Steinbrueck.

The SPD politician also stated that fellow center-left party PASOK should not be held responsible for Greece’s crisis.

ekathimerini.com , Wednesday February 6, 2013 (20:58)  
Greek Christians mark rare Good Friday in north Cyprus
Greece offers to help find Turkish F-16 lost in 1996
Talks lined up in wake of ‘shameful’ soccer scenes
Dimou quits To Potami over Holy Fire quip
Eurobank share offering on April 25-29
Greece's third largest lender Eurobank, which is issuing new shares to help plug a capital shortfall, said on Friday that the cash call will take place from April 25 to 29. The transaction o...
PPC to issue corporate bond of 500 mln
Public Power Corporation is planning to tap the markets after Easter with the issue of a corporate bond to draw 500 million euros. The Energy Ministry is also eagerly awaiting the issue, as ...
Inside Business
BASKETBALL
Greens lose badly as CSKA Moscow
Panathinaikos has a mountain to climb in order to reach the Final Four of the Euroleague after losing at CSKA Moscow on Friday for a second time in two days, only this time it was comprehens...
BASKETBALL
Former Red Bourousis wrecks Olympiakos´s hopes for a break
Olympiakos tried harder in Game 2 of the Euroleague play-offs in Spain, and Real Madrid was not as good on Thursday as in Game 1, but the Spaniards still emerged victorious on the night with...
Inside Sports
COMMENTARY
The placebo effect and the economy
Among the greatest mistakes made in the years of Greece’s hard landing is that citizens did not get the chance to sense that aside from austerity and pain the economic adjustment program als...
COMMENTARY
Ukraine is a crisis—but not a Cold War
Given Russia’s annexation of Crimea, the imposition of US and European sanctions, and the potential for more escalation in Ukraine, we are witnessing the most important geopolitical events s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
3. Greens lose badly as CSKA Moscow
4. Former Red Bourousis wrecks Olympiakos´s hopes for a break
5. PPC to issue corporate bond of 500 mln
6. Greece offers to help find Turkish F-16 lost in 1996
more news
Today
This Week
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
3. Greece startup leaders say they can’t break jobless cycle alone
4. Ground-breaking Good Friday mass signals thaw in Cyprus
5. Mayoral candidates clash over Athens mosque plans
6. Seven arrested over Toumba violence
Today
This Week
1. Greece's market return mirrors return of tourists
2. Samaras sees no need for third bailout
3. Parties start announcing candidates for European Parliament elections
4. Greece startup leaders say they can’t break jobless cycle alone
5. Germany signals easing on euro area before Merkel’s Greek trip
6. IMF's Thomsen says Greece not fully financed to 2016
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.