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Athens Macedonian News Agency: News in English, 15-06-22

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

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

CONTENTS

  • [01] Greek proposals satisfactory, President Hollande says
  • [02] Greek proposals positively accepted by European leaders, according to sources
  • [03] Eurogroup chief: No final discussion today; Greek proposals arrived too late
  • [04] ECB raises ELA for Greek banks
  • [05] Greek central gov't cash deficit down in Jan-May‏

  • [01] Greek proposals satisfactory, President Hollande says

    ANA/MPA----"The proposals of (Prime Minister Alexis Tsipras) are satisfactory," French President Francois Hollande said, according to French newspaper Liberation.

    [02] Greek proposals positively accepted by European leaders, according to sources

    ANA/MPA---Greek diplomatic sources on Monday expressed their content over talks between Prime Minister Alexis Tsipras and the institutions in Brussels.

    Greece's primary target is finding a sustainable solution for the Greek economy that aims to protect the low and middle incomes, as well as the social rights.

    The same sources reassured that the Greek proposals were positively accepted by the European leaders, adding however, that no specific decisions from the meeting of the eurozone finance ministers are expected.

    As to the context of the Greek proposals, they did not get into details as the negotiation phase has not yet been completed.

    Government sources also noted that the increase of the VAT rate on islands, the special contribution on companies with more than 500,000 euro profit and a number of other issues are on the negotiation table.

    Changes in the pension system, starting with the abolition of early pensions, are also under discussion.

    The same sources also ruled out the possibility of banking problems as there is a good cooperation between ECB and the Bank of Greece.

    [03] Eurogroup chief: No final discussion today; Greek proposals arrived too late

    "It is impossible to have a final debate today," Eurogroup chief Jeroen Dijsselbloem stated upon his arrival on Monday to the Eurogroup meeting in Brussels.

    Dijsselbloem said that the Eurogroup expects the evaluations of the institutions regarding the Greek proposals. He added that the Greek proposals arrived very late adding that we will see if they constitute a good basis for a further discussion.

    [04] ECB raises ELA for Greek banks

    ANA/MPA---The European Central Bank (ECB) on Monday raised the ceiling of emergency liquidity assistance (ELA) provided to Greek banks.

    The exact amount of the increase has not been made known yet. According to sources, the ECB promised to reassess the situation if need be.

    [05] Greek central gov't cash deficit down in Jan-May‏

    ANA/MPA---Greek central government cash balance recorded a deficit of 1.703 billion euros in the January-May 2015 , compared to a deficit of 1.875 billion in the same period in 2014, the Bank of Greece said on Monday.

    The central bank, in a report, said that during this period, ordinary budget revenue amounted to 16.286 billion euros, compared to 18.129 billion in the corresponding period of last year. Revenue of 55 million euros regarding Securities Markets Programme (SMP) income transfers from the Bank of Greece is excluded. Ordinary budget expenditure amounted to 18.451 billion euros, from 20.210 billion in January-May 2014. The Greek budget paid 3.0 billion euros on interest to service the public debt in the five-month period, up from 2.7 billion euros in the same period last year.


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