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Athens News Agency: News in English, 11-07-19

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] PM chairs meeting on Eurozone summit
  • [02] Gov't: OPAP not in first wave of privatisations
  • [03] Greek banks' presence in SE Europe remains strong
  • [04] Consumers confidence slides

  • [01] PM chairs meeting on Eurozone summit

    (ANA-MPA) -- Selective default is not a solution chosen by the government and it is not using it as a starting position in negotiations, a high-ranking government source stressed on Tuesday after the conclusion of a government meeting chaired by Prime Minister George Papandreou.

    The meeting was held at the prime minister's offices and attended by key government ministers, including government Vice-President and Finance Minister Evangelos Venizelos. (ANA-MPA) Government sources said that it focused on the progress of complex negotiations underway in the European Union to agree on a sustainable solution for tackling Greek debt.

    The Greek side is apparently aiming for a worst-case solution that, at minimum, combines lower interest rates and deferred repayment with protection of the income and savings of Greek citizens. Sources would not discuss what Greece would consider an "optimum" solution. (ANA-MPA)

    &copy; ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A.

    Reproduction of ANA-MPA content by visitors of this website is strictly forbidden.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    [02] Gov't: OPAP not in first wave of privatisations

    (ANA-MPA)

    &copy; ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A.

    Reproduction of ANA-MPA content by visitors of this website is strictly forbidden.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    [03] Greek banks' presence in SE Europe remains strong

    (ANA-MPA) -- Greek banks‚ presence abroad remains strong, despite a punishing domestic crisis, focusing on activities in southeastern Europe and particularly in the Balkans.

    Some banks, however, recently announced they were cutting their international presence, or their intention to cut their equity participations in foreign banks in a (ANA-MPA) move aimed at boosting their capital adequacy.

    Despite these announcements, Greek banks have established their international presence, particularly in southeastern Europe, and have increased their presence in the last three years. To read the entire article please contact the Agency's subscription department at 2106400560 (ANA-MPA)

    &copy; ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A.

    Reproduction of ANA-MPA content by visitors of this website is strictly forbidden.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    [04] Consumers confidence slides

    (ANA-MPA) -- Consumers in Greece are apparently the most pessimistic in the world at the moment, with the country‚s consumer confidence index falling to 41 points for the first time ever, a report by Nielson showed on Tuesday. The report said the global index fell below the 90-point level for the first time since 2009, reversing a recovery trend.

    The 100 level is the dividing line between optimism and pessimism. To read the entire article please contact the ANA-MPA's subscription department at 2106400560. (ANA-MPA)

    &copy; ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A.

    Reproduction of ANA-MPA content by visitors of this website is strictly forbidden.

    More details on the subscriber's page of ANA-MPA | Subscription request form


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