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Athens Macedonian News Agency: News in English, 17-02-23

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

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

CONTENTS

  • [01] IMF wants to specify measures on Greek debt relief to participate in program-spokesman
  • [02] Tsipras: Athens acquiring important new cultural pole through the SNFCC
  • [03] First Borrowers' Advice Bureau to open in March on pilot basis

  • [01] IMF wants to specify measures on Greek debt relief to participate in program-spokesman

    The International Monetary Fund (IMF) insists on specifying in advance the measures to restructure Greece's public debt as a condition for its participation in the Greek program, even if they will be implemented later on, its spokesman Gerry Rice said on Thursday, during a regular press briefing.

    Rice said the Greek program must be based on two parts: Brave reforms which will facilitate economic growth and debt relief. He said the Fund's view hasn't changed and was reiterated by its chief Christine Lagarde during her meeting with German Chancellor Angela Merkel.

    Rice said talks on debt will be able to start after the completion of the second program review adding that the Fund's mission will return to Athens next week to focus on the fiscal reforms Greece needs to make.

    [02] Tsipras: Athens acquiring important new cultural pole through the SNFCC

    The donation of the Stavros Niarchos Foundation Cultural Centre (SNFCC) to the Greek State inaugurates a new era for the National Library and the National Opera, Prime Minister Alexis Tsipras wrote in his Twitter account @PrimeministerGR on Thursday.

    "The capital is acquiring an important new cultural pole," the prime minister added in a second tweet, inviting Greeks to tune into his address at the official handover ceremony covered by the public broadcaster ERT.

    "In a country where culture represents national capital, the prospects generated by this cultural centre have a multiplying effect," he added.

    [03] First Borrowers' Advice Bureau to open in March on pilot basis

    The first Borrowers' Advice Bureau, which will serve as a pilot for some 120 similar centres planned in the future, is to open on March 1 within the Special Secretariat for the Management of Private Debt in the old Keranis factory building in Athens. The bureau will be officially inaugurated next Wednesday and its phone line will be 2132125730‬.

    According to Special Secretary for the Management of Private Debt Fotis Kourmousis, the aim of these bureaus is to assist in the settlement of some 20 billion euros in mortgage and consumer loans owed by private citizens in Greece. They are initially expected to process approximately 40,000 debtors each year and, once the relevant electronic platform is fully operational, the 250 employees in such centres can serve up to 1.8 million citizens.

    The finance ministry's planning envisages that the next two bureaus will open in Athens and Pireaus in March, and then following 12 in the other regional capitals of the country. The aim is to have 120 such centres operating in the first half of 2017, of which 30 will then become upgraded to Borrowers' Advice and Support Centres in the second half of the year.

    These advice and support centres will be in a position to provide loan takers with every type of information or assistance needed in connection with their loans, in order to make it possible for them to keep abreast of payments due under the settlements reached with banks and to service their loans without delays.

    In the meantime, the Special Secretariat for Private Debt Management intends to have its website www.keyd.gov.gr running by Easter in order to provide information to borrowers on the options the legal framework makes available to overindebted households and businesses and to help them find solutions for their individual case.


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