Wednesday, July 6, 2011


The New York Times

Greek Finance Minister Moves From Crisis to Crisis

by Landon Thomas Jr. and Rachel Donadio

Bloomberg_mediumAs he approached the end of another 16-hour workday, Evangelos Venizelos had one question on his mind: Will Europe come up with the money that Greece so desperately needs? As the new Greek finance minister, Mr. Venizelos is the man in charge of steering a nearly bankrupt economy back on track — and, perhaps, preventing another global financial crisis.

No sooner had he presided over the close passage of a new austerity bill last week, than he was contending with the growing controversy over how much money private banks would contribute by taking on more Greek debt.

Tags: Interviews

21 May 2011

Q: What are the objectives of the military campaign that is underway since Friday night?

Ev. Venizelos: The operation’s objectives are none other than to implement the Security Council Resolution 1973. So, its goal is to protect the non-combatant population, to facilitate the deployment of the necessary humanitarian operations and to create the conditions that will allow Libyans to take, through democratic processes, crucial decisions about the future of their country, because the Security Council Resolution itself insists on the need to respect the integrity, national cohesion and national sovereignty of Libya.

Tags: Interviews

Thursday, 19 May 2011

«In the aftermath of the global economic crisis: what next?»

left-red-arrowGood morning. I would like to thank this session’s moderator for his short introduction. I’d also like to thank the conference organizers, Economist’s conference division, who have a great tradition in successfully organizing similar events, Mrs. Parassivakis and all her colleagues. And thank you, ladies and gentlemen, for being here in this, early morning and thus challenging, session.

As we all know, during NATO’s Lisbon Summit in November 2010, the Alliance’s new Strategic Concept was formulated following many years of deliberations and preparations. In November, the NATO heads of states and governments formulated some widely accepted principles that are almost self-evident. We all wanted to transform NATO into an organization of not just defence but of security as well, one with strong politico-military characteristics however. The top priority was the capacity to prognosticate, and then manage, crises -through all the levels that a crisis, that can assume, as it often does, military characteristics, goes through. But such a crisis obviously starts as a political one and is a problem that in the end is being resolved with political and diplomatic means.

Tags: Speeches

Thursday, 28 April 2011

left-red-arrowI fail to understand the purpose of the question [asked by an opposition MP] "if Israel guarantees it will protect Greece, should we declare our rights on the Exclusive Economic Zone (EEZ)". The rights on the EEZ are stemming from the Convention on the Law of the Sea, from the 1982Montego Bay Convention. We have said in Parliament that while the Continental Shelf exists by itself, ab initio and ipso jure according to International Law, a country's jurisdiction on the EEZ [on the other hand] must be declared.

Greece has repeatedly said -the Prime Minister and the Foreign Minister have said so themselves and I have said it many times over- that Greece maintains her rights on the EEZ intact and that it exercises military oversight where necessary, as has recently been the case with the Italian vessel "Explora" and as I have had the opportunity to explain to [the members of] the Standing Parliamentary Committee on Foreign Affairs and Defence.

Tags: Parliament

Wednesday, 30 March 2011


Q: Referring to Libya, how many months of operations can Greece sustain financially, given the monthly national cost of €6.5 million?

Ev. Venizelos: That cost is minimal. If you happened to listen to the briefing in the U.S. Congress or in other Parliaments of small countries that participate, such as Belgium, Norway or Denmark, you’d see that they bear costs much larger than that because they have fighting jets doing sorties all the time.

Q: But they’re rather well-off economically.

Ev. Venizelos: The figure of the €6.5 million that I mentioned in Parliament yesterday is the cost of Greece’s monthly contribution in accounting terms, assuming for a moment that, for national reasons, our frigate or the aerial radar would not engage. That is if we paid nothing for operating costs for the frigate, aerial radar and the Search and Rescue helicopter. That’s how Greece calculates its contribution to NATO. The real cost is much lower.

Tags: Interviews

Tuesday, March 29, 2011

Special Hearing of the National Defense and Foreign Affairs

Parliamentary Committee

Defense Minister Evangelos Venizelos briefs the MPs on the events in Libya

The overall situation

left-red-arrowOver the last few weeks we have been witnessing impressive –I’d say historic- developments in the Mediterranean region, in the Middle East, in North Africa and many Gulf countries. We see history in the making. The situation in the Arab world is changing and to a large extent we see collapsing stereotypes –under the scope of which we used to see things over the past few years, especially since the fall of Communism and the emergence of a new global balance of power.

New societies and demographic phenomena that emerge have little to do with the European standards. We can have an ambitious and long discussion about the deeper causes of those changes that appear to be, nonetheless, democratically led, demanding citizen participation in political power. For a country like Greece and for a continent such as Europe, who claim to exercise a principle-based policy, it is very important to express our awe and satisfaction, because those universal ideological characteristics remain alive. One can not be but positive, opposite the demand for democratic participation, for the rule of law and for the respect of human rights.

Tags: Parliament

Wednesday, 23 March 2011

Q: We all watch worried and confused what is taking place among the allied countries that participate in the strikes against Libya; we see mainly an incapacity by NATO to reach a decision. We see that the US, Britain and other countries seeking, in vain, NATO to take command. Tell me, to the best of your knowledge, where do discussions stand at the moment and how close is a decision by NATO?

Ev. Venizelos: As NATO Secretary General Mr. Rasmussen announced, the process for conducting an operation regarding an arms embargo has been completed. The process for an operation implementing a no-fly zone is still outstanding. All parties involved believe that a decision on the latter will have been made by tomorrow, or the day after, at the latest.

Tags: Interviews

Tuesday, 22 March

left-red-arrowThe NATO Defence Ministers Summit was convened yesterday in Brussels and important decisions regarding the future of the Alliance were taken. The Minister of Defence, Mr. Evangelos Venizelos, attended the Summit.

The Defence Ministers made decisions about the geographical determination of the Joint Force Commands and of other staff entities for NATO’s New Command Structure, under the framework of the Lisbon Summit of last November. The New Command Structure is simpler and is adapted to the fiscal situation of all the Alliance’s member-states.

One of the most important changes being introduced by the New Command Structure is the elimination of the Component Command Air Izmir (CC-AIR) and its substitution by an Allied Land Forces Command which is being transferred from Spain. The sole Component Command Air (CC-AIR) will be based in Germany (Ramstein), while the only Component Command Maritime (CC-MAR) will be based in the United Kingdom (Northwood).

Tags: Press Conferences

Monday, 21 March 2011


Q: We are happy and honored, ladies and gentlemen, to have on the phone the Minister of National Defence, Mr. Evangelos Venizelos. Good morning, Minister.

Ev. Venizelos: Good morning.

Q: How do you see the situation in Libya evolving?

Ev. Venizelos: We still have a lot of ground to cover, I must say. The situation is not at all simple and no-one can safely predict what will happen. The truth is, however, that an international correlation is now in force, applying strong pressure in the internal affairs of Libya as well.

Tags: Interviews

Tuesday, 15 March 2011

Q: Mr. Minister, we’d like a comment about the visit of Turkey’s Foreign Minister, Mr. Davutoglu, to Greece a few days ago. There were some comments made [by Mr. Davutoglu] that certain Greek media outlets deemed as provoking, such as the Minister’s statement on Kastelorizo island or the way Mr. Davutoglu behaved during his tour in Northern Greece’s northern Thrace region.I’d like to ask you whether you think that a new era in Greek-Turkish relations truly exists or if it’s a myth.

Ev. Venizelos: Greece is constructive and creative in its foreign policy but is not naïve. We believe in the need of a Greek-Turkish rapprochement, under a certain prerequisite: that Turkey believes in its path towards the West, meaning it has a diplomatic and military attitude that meets the rules and principles of western practices.

Tags: Interviews