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Athens Macedonian News Agency: News in English, 15-07-30

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

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

CONTENTS

  • [01] Society should be spared SYRIZA 'theatre of the absurd', Potami leader Theodorakis says
  • [02] ASE to reopen early next week, Botopoulos says

  • [01] Society should be spared SYRIZA 'theatre of the absurd', Potami leader Theodorakis says

    ANA-MPA -- The prime minister must act boldly to resolve the country's major problems and not have everyone preoccupied with SYRIZA's internal affairs, opposition Potami party leader Stavros Theodorakis said on Thursday, when asked to comment on the prospect of a referendum within the ruling coalition's leading party. In statements after meeting the General Confederation of Employees of Greece (GSEE) trade union leadership, Theodorakis noted that Tsipras was elected to be prime minister in January and not SYRIZA or a part of SYRIZA. "Society has made up its mind, Parliament has made up its mind and all the rest are games for [internal] party balances," he added. Theodorakis called on SYRIZA's members to show seriousness and stressed that a society facing so many problems "cannot be asked to watch this theatre of the absurd happening in SYRIZA's interior". Regarding his talks with the GSEE trade unionists, Theodorakis said that they wanted to return to the labour conditions that existed in the past but accepted the need to discuss the problems again in the light of the new agreement with the creditors.

    [02] ASE to reopen early next week, Botopoulos says

    The Athens Stock Exchange is expected to reopen early next week, Capital Market Commission president Konstantinos Botopoulos told a television interview.

    In comments made to ERT TV, Botopoulos said the aim was for the market to reopen on Monday and noted that a ministerial decision must be signed first after resolving a technical problem with banks' IT systems that must be adjusted to a new environment envisaging limitations in share trading for Greek investors. Botopoulos said that banks needed a few more days to resolve the problem and noted that pilot testing will be made during the weekend ahead of a final decision to reopen the market.

    He stressed that the European Central Bank was concerned that a reopening of the market without any limitations in trading for Greek investors could lead to a significant capital outflow from the banking system. Greek investors could use "fresh" money, using bank transfers from abroad or capital from selling stocks, or using money remaining as credit reserves with securities firms.


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