The government's battle against corruption is a battle for democracy, collective interest and the new social ethos of the post-memorandum Greece, Government Vice-President Yiannis Dragasakis said in his address to the conference "Structural reforms to combat corruption-technical assistance programme from the OECD "organized by the General Secretariat in combating corruption.
"The exit from the crisis will come through private investments and enterprises with extroversion and international presence in sectors and activities that develop Greek economy's significant advantages on manpower dynamic as well as the huge perspective offered for exports and the strong presence of important sectors as agrinutrition and new technologies, in the international economy, stated Economy Minister George Stathakis on Wednesday.
Greek banks further reduced their borrowing from the Emergency Lending Assistance mechanism ELA after the governing council of the European Central Bank approved a request made by the Bank of Greece to lower the borrowing ceiling by 100 million euros to 51.8 billion euros, up to and including Thursday, 20 October 2016.