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Athens Macedonian News Agency: News in English, 16-10-10

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

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

CONTENTS

  • [01] Dijsselbloem: Greece has completed milestones, will get 2.8 bln in two installments
  • [02] Police presents priceless loot from antiquities smuggling ring bust

  • [01] Dijsselbloem: Greece has completed milestones, will get 2.8 bln in two installments

    Eurozone finance ministers have approved the disbursement of a 2.8-billion-euro sub-tranche of loans to Greece in two installments, Eurogroup President Jeroen Dijsselbloem said on Monday. He said the four institutions had confirmed completion by Greece of 15 open milestones and "enables us all to close the first review." Greece had undertaken important reforms, he added, "and this progress enables the European Stability Mechanism (ESM) to disburse 1.1 billion remaining out of the second tranche.

    "There's also been substantial progress on arrears clearance in July and August...technical work will continue to gather the September data. This always takes a number of weeks to complete, this cannot be helped, it cannot be done faster. We hope and presume that before the end of October those data are available. They will then be assessed by the institutions and on that basis, the ESM could decide on the disbursement of 1.7 billion euros. This is specifically for the clearance of arrears," he said.

    [02] Police presents priceless loot from antiquities smuggling ring bust

    Greek police and the Culture ministry presented on Monday numerous priceless ancient artifacts and religious icons confiscated during a major police operation last week which resulted in the arrest of the members of two antiquities smuggling rings in Patras and Ioannina.

    The most important pieces rescued from the smugglers include a golden wreath which dates from the Hellenistic times, two religious icons and a large number of ancient Greek and Roman coins. The rest of the artifacts will be presented to the relevant museums, authorities said.

    Speaking at the presentation at the ministry for Civil Protection, Culture Minister Aristidis Baltas said it was an important day and that he's happy these objects will be added to the other museum collections.


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