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Athens Macedonian News Agency: News in English, 15-09-28

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

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

CONTENTS

  • [01] National Bank chief Katseli positive on business initiatives' financing after recapitalization
  • [02] Total eclipse of the supermoon from the Nymphs Hill

  • [01] National Bank chief Katseli positive on business initiatives' financing after recapitalization

     The Greek banking sector will be in a position to finance viable business and investment initiatives with an export and innovative orientation in a series of sectors in which the country has comparative advantages after the completion of the bank recapitalization this year, without a haircut in deposits, and with European Central Bank's liquidity channels open, Luca Katseli, chief of National Bank, said, addressing the annual Clinton Global Initiative Congress in New York.

    She was speaking during a discussion on "The Greek Crisis and Beyond" together with Nobelist Joseph Stiglitz.

    Katseli stressed that despite difficulties arising from an agreement reached with the country's creditors, 2015 could become a landmark in restarting the Greek economy if conditions for political and economic stability are met and a wide-spread consensus on implementing specific reforms and commitments which will allow a sustainable economic transformation of the Greek economy. A simpler and more stable tax system, lifting all bureaucratic hurdles for starting, licensing and operation of enterprises and accelerating judicial procedures, are the cornerstones for boosting investments and improving economic competitiveness in the country, National Bank's president said.

    She was speaking during a discussion on "The Greek Crisis and Beyond" together with Nobelist Joseph Stiglitz.

    Katseli stressed that despite difficulties arising from an agreement reached with the country's creditors, 2015 could become a landmark in restarting the Greek economy if conditions for political and economic stability are met and a wide-spread consensus on implementing specific reforms and commitments which will allow a sustainable economic transformation of the Greek economy. A simpler and more stable tax system, lifting all bureaucratic hurdles for starting, licensing and operation of enterprises and accelerating judicial procedures, are the cornerstones for boosting investments and improving economic competitiveness in the country, National Bank's president said.

    [02] Total eclipse of the supermoon from the Nymphs Hill

    ANA/MPA---After casting its light on the Acropolis, the supermoon played with the clouds and gradually disappeared from the sky when the Earth moved between the moon and the sun. The eclipse that in some stages despite the cloudy sky was also visible in Athens started a few minutes after 04:00 on Monday and the full eclipse took place one hour later.

    It was the first total eclipse of the supermoon since 1982 and the phaenomenon will happen again in 2033.

    A large number of citizens went to Athens Observatory at the Nymphs Hill in Athens to observe the total eclipse through the Doridis telescope, a telescope constructed in 1902 and is placed in a special dome on Pnyka Hill.


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