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
      • 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
      • 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
    Pharmacist in Calder shooting granted $30,000 bail
    Front Page
    Pharmacist in Calder shooting granted $30,000 bail
    Webmaster 
    October 17, 2025
    A Pharmacist, charged with attempted murder, has been granted bail in the sum of $30,000. Esworth Lewis, who is alleged to have shot a man about his b...
    Bigger things in store  for former SVG Consul General to Toronto – PM
    Front Page
    Bigger things in store for former SVG Consul General to Toronto – PM
    Webmaster 
    October 17, 2025
    A higher posting will be offered to former SVG Consul General to Toronto, Fitz Huggins, who recently demitted office. Huggins concluded his ambassador...
    Venezuelans  remain resillent, determined  despite massive sanctions by US
    Front Page
    Venezuelans remain resillent, determined despite massive sanctions by US
    Webmaster 
    October 17, 2025
    Over $20 billion in Venezuelan assets abroad remain frozen, while the country has suffered a 99% loss of foreign income since February, 2014. But desp...
    PM not ready to ‘ring the bell’ at ULP Layou rally
    Front Page
    PM not ready to ‘ring the bell’ at ULP Layou rally
    Webmaster 
    October 17, 2025
    While many may have felt the date for the general elections in St. Vincent and the Grenadines would have been announced at the Unity Labour Party’s ‘W...
    Schools get in on World Food Day celebrations
    Front Page
    Schools get in on World Food Day celebrations
    Webmaster 
    October 17, 2025
    World Food Day, celebrated annually across the globe on October, 16, to commemorate the date of the founding of the United Nations (UN) Food and Agric...
    Mitres makes history as inaugural Semi-Pro Netball Champions
    Sports
    Mitres makes history as inaugural Semi-Pro Netball Champions
    Webmaster 
    October 17, 2025
    Mitres Netball Team wrote their name into local netball history, when they captured the inaugural Semi-Professional Netball League title on Wednesday ...
    News
    More than 1000 families have received appliances says PM
    News
    More than 1000 families have received appliances says PM
    Webmaster 
    October 17, 2025
    The government’s allocation of $1.5 million in the 2025 budget to provide essential household appliances, including refrigerators, stoves, and washing...
    Urban transformation to follow Kingstown Port opening
    News
    Urban transformation to follow Kingstown Port opening
    Webmaster 
    October 17, 2025
    Minister with responsibility for urban development, airports and seaports, Senator Bernarva Browne, is looking forwards to the start of much bigger th...
    New York Times claims cocaine washed up in Grenadines
    News
    New York Times claims cocaine washed up in Grenadines
    Webmaster 
    October 17, 2025
    On October 14, 2025, The New York Times, in an article headlined “Drug Smugglers Change Supply Routes to Evade U.S. Warships”, showed a photograph of ...
    This election is a galaxy of stars, says Gonsalves
    News
    This election is a galaxy of stars, says Gonsalves
    Webmaster 
    October 17, 2025
    The upcoming general elections in St Vincent and the Grenadines will be about the ability of the political candidates to shine. That is the conclusion...
    Vote without fear – Senator John
    News
    Vote without fear – Senator John
    Webmaster 
    October 17, 2025
    Electors waiting to vote in the next general elections are being asked to do so without fear as the ballot is secret and no one can know who you voted...

    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