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Politics

Oikonomou: Greece-Cyprus-Egypt Memorandum Another Important Development for Greece

October 20, 2021

ATHENS — “Yet another important milestone for our country’s international position and for promoting our national interests was added yesterday during the 9th Trilateral Summit of Greece-Cyprus-Egypt,” government spokesperson Yiannis Economou said during a press briefing on Wednesday.

“A memorandum on the interconnection of the three countries in the transmission of electricity was signed yesterday, [as well as] a memorandum on trilateral cooperation on diaspora issues, and there was a joint political declaration, with which the three leaders adopted a clear position on regional developments and condemned Turkish provocativeness,” he added.

“As Prime Minister Kyriakos Mitsotakis stressed, our positions in all three countries are identical in their condemnation of Turkey’s provocative practices and aggressive rhetoric,” Economou pointed out.

Economou pointed out that “as everyone has realised, over the last two years there has been an active and multifaceted diplomacy which brings results.”

“The government has taken advantage of its added prestige and has seized every opportunity that is presented to enhance the country geostrategically, politically and economically. We are already reaping the fruits of our efforts. But we have not rested, nor is it over. We still have a lot to look forward to and the strengthening of Greece will continue unabated,” he added.

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ATHENS - If the Bank of Greece did not operate under the protection of the institutional framework of independence, after what happened in 2015, the country would have perhaps left the eurozone, Bank of Greece (BoG) governor, Yannis Stournaras, said on Saturday during the Kathimerini conference in a panel titled: "In the next 50 years, is Democracy safe?" Is Greece reformable?" "Who doubts that if it wasn't for the Bank of Greece, we might not be in the euro after the adventure of 2015?" he said.

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