Searchlight Logo
special_image

    • News
      • Front Page
      • News
      • Breaking News
      • Press Release
      • Features
      • Special Features
      • From the Courts
      • Sports
      • Regional / World
    • Opinions
      • Editorial
      • Our Readers’ Opinions
      • Bassy – Love Vine
      • Dr. Fraser- Point of View
      • R. Rose – Eye of the Needle
      • On Target
      • Dr Jozelle Miller
      • The World Around Us
      • Random Thoughts
    • Advice
      • Kitchen Corner
      • What’s on Fleek this week
      • Health Wise
      • Physician’s Weekly
      • Business Buzz
      • Hey Rosie!
      • Prime the pump
    • ePaper
    • Obituaries
      • In Memoriam / Acknowledgement
      • Tribute
    • Contact Us
      • Advertise With Us
      • Letters To The Editor
      • General Contact Information
      • Contact our Webmaster
    • About Us
      • Privacy Policy
      • Interactive Media Ltd
      • St. Vincent & the Grenadines
    • Subscribe
    • News
      • Front Page
      • News
      • Breaking News
      • Press Release
      • Features
      • Special Features
      • From the Courts
      • Sports
      • Regional / World
    • Opinions
      • Editorial
      • Our Readers’ Opinions
      • Bassy – Love Vine
      • Dr. Fraser- Point of View
      • R. Rose – Eye of the Needle
      • On Target
      • Dr Jozelle Miller
      • The World Around Us
      • Random Thoughts
    • Advice
      • Kitchen Corner
      • What’s on Fleek this week
      • Health Wise
      • Physician’s Weekly
      • Business Buzz
      • Hey Rosie!
      • Prime the pump
    • ePaper
    • Obituaries
      • In Memoriam / Acknowledgement
      • Tribute
    • Contact Us
      • Advertise With Us
      • Letters To The Editor
      • General Contact Information
      • Contact our Webmaster
    • About Us
      • Privacy Policy
      • Interactive Media Ltd
      • St. Vincent & the Grenadines
    • Subscribe
InterAction Council looks at the European crisis and the future
News
June 1, 2012

InterAction Council looks at the European crisis and the future

Sir James Mitchell says that he has a wealth of knowledge that he would like to share.{{more}}

Speaking to SEARCHLIGHT on his return from the 30th plenary meeting of the InterAction Council, held in Tianjin, China, from May 10 to 12, Sir James said that he is willing to share this knowledge with whomever wants to listen.

“What’s the point of having the knowledge and not share it?” he said.

The InterAction Council of Former Heads of State or Government is an independent, international organization, designed to bring together former world leaders to mobilize their energy, experience and international contacts in an effort to develop recommendations and foster cooperation and positive action around the world.

The organization was formed in 1983 and includes an elite group of former world leaders including Jean Chretien – former Prime Minister of Canada, Helmut Schmidt – former Chancellor of Germany, Goh Chok Tong – former Prime Minister of Singapore and Yasuo Fukuda – former Prime Minister of Japan.

The delegation heard presentations and deliberated on four main topics: the present state of the world, which was delivered by Goh Chok Tong and another on ‘Greece, the European crisis and the future of the European Union’, which was delivered by the former Prime Minister of Greece, Costas Simitis.

The first presentation, according to Sir James, dealt with issues including the financial crisis, the balance between the United States and China and the crisis in Syria.

On the global financial crisis, he said that there was a general consensus that there was sufficient experience to find solutions and that they expected that it would eventually weather itself out.

In relation to the situation in Greece, Sir James said that that country suffered from the same thing that his government had to endure during the last few days while he was in office.

“Bureaucrats blackmailing the government with salary increases,” he told SEARCHLIGHT.

The former Vincentian leader said that at the end of his time, just over 50 per cent of recurrent expenditure went to civil servants and they wanted a 30 per cent increase.

“That would have carried us to 58 percent of expenditure…I said no way, I can’t run a country so and they ain’t get it up to now,” Sir James explained.

The situation in Greece, he further explained, was that the social security system burdened the country and the further burdening of an increase in salaries influenced the private sector.

“So, it had to be working at a level that wasn’t productive,” he contended.

Sir James told SEARCHLIGHT that this prompted him to say that he could not understand the mismanagement of the government finances in Europe and the U.S., saying that while he was prime minister, all the advisors were after him to reorganize the government and put his house in order.

“I did it, but you all put pressure on me at the World Trade Organization (WTO), the Americans, the Europeans supported me with the banana industry and we have the financial crisis affecting our tourism.

“I am happy that all the discussion so far, not one of you have mentioned the Caribbean. I interpret that to mean that we are a zone of peace and we are therefore the right spot for all this money that don’t know where to go and we are willing to have it,” he said.

This was the former prime minister’s fourth meeting of the InterAction Council, having attended meetings in Saudi Arabia, Japan, Quebec (Canada) and China.

Sir James says that he intends to attend next year’s meeting, once he is in good health.

In the meantime, he said that a report of the deliberations and recommendations coming out of this year’s meeting will be put together and a copy will be sent to him, which he intends to share with current Prime Minister Dr Ralph Gonsalves.

  • FacebookComments
  • ALSO IN THE NEWS
    Ottley Hall resident charged with grabbing woman’s buttocks
    News
    Ottley Hall resident charged with grabbing woman’s buttocks
    Jada 
    November 7, 2025
    An Ottley Hall man, who has been committed to the Mental Health Center for over three weeks of observation, was charged with grabbing a woman's buttoc...
    Police investigates fire reported at Kingstown Building
    Press Release
    Police investigates fire reported at Kingstown Building
    Jada 
    November 7, 2025
    At approximately 6:00 p.m. on Wednesday November 5, 2025, the Royal Saint Vincent and the Grenadines Police Force (RSVGPF) Fire Brigade responded to a...
    Police investigates homicide in Akers
    Press Release
    Police investigates homicide in Akers
    Jada 
    November 7, 2025
    November 7, 2025 – Kingstown: The Royal Saint Vincent and the Grenadines Police Force has launched an investigation into the circumstances surrounding...
    KFC SVG Celebrates 10 Years of Continuing a Legacy
    Press Release
    KFC SVG Celebrates 10 Years of Continuing a Legacy
    Webmaster 
    November 7, 2025
    This November marks a special milestone for KFC St. Vincent & the Grenadines; 10 years since the iconic brand returned to Kingstown, reigniting a thre...
    ULP, NDP sign Code  agreeing to peaceful,  fair General Elections
    Front Page
    ULP, NDP sign Code agreeing to peaceful, fair General Elections
    Webmaster 
    November 7, 2025
    The Unity Labour Party (ULP), and New Democratic Party(NDP), have signed the General Elections Code of Conduct agreeing to keep the peace in the run-u...
    Monday, is  Nomination Day in SVG
    Front Page
    Monday, is Nomination Day in SVG
    Webmaster 
    November 7, 2025
    Candidates who will be contesting the November 27, 2025 general elections in St Vincent and the Grenadines (SVG), will hand in their nomination papers...
    News
    Ottley Hall resident charged with grabbing woman’s buttocks
    News
    Ottley Hall resident charged with grabbing woman’s buttocks
    Jada 
    November 7, 2025
    An Ottley Hall man, who has been committed to the Mental Health Center for over three weeks of observation, was charged with grabbing a woman's buttoc...
    Duo charged with multiple offenses
    From the Courts, News
    Duo charged with multiple offenses
    Webmaster 
    November 7, 2025
    Two young men who have been charged for allegedly attacks against a police officer and use of indecent language pled not guilty when they appeared sep...
    Participants ready to make use of Financial literacy training
    News
    Participants ready to make use of Financial literacy training
    Webmaster 
    November 7, 2025
    Persons who attended a two-day Financial Literacy workshop for Micro, Small and Medium Enterprises (MSMEs) organised by the Centre for Enterprise Deve...
    ULP new candidates blaming government for constituency failures, says Dr Friday
    News
    ULP new candidates blaming government for constituency failures, says Dr Friday
    Webmaster 
    November 7, 2025
    Leader of the New Democratic Party (NDP), Dr. Godwin Friday said first time candidates of the Unity Labour Party (ULP) are distancing themselves from ...
    World Paediatrics do life-changing surgeries on 17 children at MCMH this week
    News
    World Paediatrics do life-changing surgeries on 17 children at MCMH this week
    Webmaster 
    November 7, 2025
    This week saw 17 children from across the Eastern Caribbean (EC) and Barbados receive life altering surgeries that mark the beginning of new chapters ...

    E-EDITION
    ePaper
    google_play
    app_store
    Subscribe Now
    • Interactive Media Ltd. • P.O. Box 152 • Kingstown • St. Vincent and the Grenadines • Phone: 784-456-1558 © Copyright Interactive Media Ltd.. All rights reserved.
    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok