LISBON (ANA/ D. Kourkouli) The European Union needs to shift away from dead-end austerity policies, which are shrinking the GDP of most EU member-states and enlarging their debt, while negatively affecting both sustainable growth and social cohesion in the EU, President of the Hellenic Republic Prokopis Pavlopoulos said on Monday.

Pavlopoulos made the statement during a meeting with his Portuguese counterpart Marcelo Rebelo de Sousa at the University of Coimbra, one of the oldest in Europe.

Replying to an ANA question during a joint press conference with de Sousa, Pavlopoulos also referred to the creditors demand that Greece pass legislation for “preventive measures” taking effect in 2019, after the end of the current bailout programme. Such a demand was “unprecedented” in European history, he said, while such pressures were incompatible with European ideals.

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The Athens-Macedonian News Agency (AMNA) (Greek: Αθηναϊκό-Μακεδονικό Πρακτορείο Ειδήσεων, AΜΠΕ) is a Greece-based news service. It is a public entity anonymous company. It was founded in 2008 as the Athens News Agency - Macedonian Press Agency S.A. (ANA-MPA SA), under a presidential decree which merged the Athens News Agency (ANA SA) and the Macedonian Press Agency (MPA SA).