Athens News Agency: News in English, 10-08-28

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

CONTENTS

[01] FinMin meets BOG governor

[02] KKE on electricity cost

[01] FinMin meets BOG governor

Also discussed were the implementation of the memorandum, reforms, as well as conditions in the domestic banking system.

The minister briefed Provopoulos on the hiring of three international advisors to evaluate the state's share in banks, and the trioâs pending proposals on strategic actions that must be applied in the domestic financial system.

On his part, Provopoulos briefed the Greek FinMin on banksâ 1H results and credit expansion as well as on his recent meeting with the heads of the countryâs largest bank directors.

[02] KKE on electricity cost

It called on working people to form a "struggle front" for the abolition of VAT and other indirect taxes, as well as for 30 percent cheaper electricity, water and telephone rates for the unemployed and low wage earners.

KKE added that working class households cannot bear the PPC's invoices that are already very costly and if the exorbitant increases decided by the government are implemented, combined with the high cost of living that is surging and the new increases in VAT, it will be the final blow for them.

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