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Athens Macedonian News Agency: News in English, 16-05-12
CONTENTS
[01] Commission officials recommend loosening controls on new money in
the Greek banking system
[02] FM Kotzias in Bratislava; to meet with President Kiska
[01] Commission officials recommend loosening controls on new money in
the Greek banking system
European Commission officials are recommending adopting different
policies in treating existing and new money in the Greek banking system,
in the framework of reducing the impact from capital controls in the
country, sources told AMNA on Thursday.
The sources said that "it should be a clear distinction between new and
old money in the Greek banking system," based on the model adopted since
the first day of introducing capital controls in Cyprus in the past.
At the same time, it would help the operation of a series of enterprises,
such as the tourism sector, ending practices of seeking banking tools
(POS) offered by neighboring Balkan countries.
Under existing capital controls, any new money entering the domestic
banking system from abroad is able to either be exported again or allowed
for cash draws up to 10 pct of total sum.
[02] FM Kotzias in Bratislava; to meet with President Kiska
VIENNA (ANA-MPA/D.Dimitrakoudis)---Foreign Minister Nikos Kotzias'
visit to Bratislava constitutes an excellent opportunity to further
improve the bilateral relations between Greece and Slovakia and build
confidence and solidarity.
On Friday, Kotzias will meet with his Slovakian counterpart Miroslav
Laitsak who has twice visited Greece in the last period.
During his visit to Bratislava, Kotzias is also expected to meet with the
president of the European Affairs Committee of the Slovakian Parliament
Lubos Blaha and Deputy Prime Minister of Slovakia government responsible
for investments Peter Pellegrini.
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