Athens News Agency: News in English, 10-10-23

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] PM: 45 billion euros in green investments

[02] Battle of Marathon events

[03] Qatar on investments in Greece

[01] PM: 45 billion euros in green investments

Papandreou noted that a year before we faced the possibility of bankruptcy and we succeeded to avoid it and save Greece that was at the edge of the cliff".

"Despite the short term austerity measures that we had to impose we are also carrying out radical structural changes in order for the economy to become viable and competitive in the long term. We will not become competitive in the usual way of salary cuts but by investing in a different development model that will give value to our products and our services" he underlined.

The prime minister noted that the economic crisis must not be considered an obstacle to the economic crisis but both must be faced with common solutions and this may be achieved through the green growth." In our country we have major unexploited renewable energy sources and we have accelerated the licensing procedures for green investments and infrastructures. We are deregulating the energy market in which the cooperation of the public and private sector will play a decisive role. In 2009 the investments in renewable energy sources were just 400 million euros and in 2011 are expected to reach 1.2 billion euros.

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[02] Battle of Marathon events

"The 2,500-year anniversary of the Battle of Marathon is a great opportunity to highlight the country's comparative strengths, the values that we represent across time, the great potential that we have. It is a great opportunity to help Athens become an international destination due to this athletic event of global impact that this year also acquires and cultural and tourism side," Culture Minister Pavlos Geroulanos said on Thursday as he outlined a series of events leading up to the marathon race.

These will include the opening of an exhibition entitled "Democracy and the Battle of Marathon" at the Zappion Hall from October 3 until November 1 that compares the Greek and Persian cultures, the "Callimachus's Nike" exhibition at the Acropolis Museum on October 26 and the opera "Marathon-Salamis" at the National Opera for four nights on October 29-31 and November 2.

Another event is 'The Marathon Marathon Project' that will take place in Athens at the Acropolis Muse

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[03] Qatar on investments in Greece

In a joint communiqué released after the meeting, the Qatari delegation expressed its strong will to implement its intention to invest up to 5.0 billion US dollars in Greece. The meeting was chaired by Greek State Minister Haris Pampoukis and the head of Investments Authority of Qatar, Ahmed Al-Sayed.

The meeting focused on organizing contacts between the two sides, along with investment plans on sectors envisaged by the memorandum. Sources said the meeting did not discuss a decision to cancel an energy investment in Astakos, western Greece.

Speaking to reporters, the Greek minister said "relations are impeccable" and dismissed negative reports made in the last few days. The Qatari official said he was happy to visit Athens for the first time, adding "and not the last".

"We reaffirmed our interest for investments and we are examining several proposals on how to proceed with them. The Greek government was very helpful and the climate positive. Our next meeting will be held in Doha at the end of November," Al-Sayed told reporters. He declined to say anything about an alleged interest to invest in the site of the former Athens airport at Hellinikon.

Theodore Pantalakis, governor of ATEbank also attended the meeting.

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