ΤΑ ΝΕΑ

First course is the debt during Samaras – Schauble meal

The working dinner in the Portuguese resort of Albufeira where the parliamentary group meeting of the European People’s Party (EPP) is being held, gave Prime Minister Antonis Samaras the opportunity to have a wide ranging discussion with the German Finance Minister Wolfgang Schauble. The first dish on the common table was, as such, the question of the restructuring of Greece’s debt. 

KATHIMERINI

SYRIZA MPs testify in favour of [convicted November 17 member] Savas Xiros

Angry reactions from New Democracy and PASOK

New Democracy and PASOK reacted angrily yesterday in response to the testimony of the two SYRIZA MPs, Tasos Kourakis and Vasilikis Katrivanou, in favour of the request made Savas Xiros to be allowed to receive treatment at home. The convicted terrorist of the group November 17 requested the suspension of his sentence due to health problems [Savas Xiros was severely injured during the 2002 botched bombing attempt that led to the group’s unraveling].

New Democracy stated that it was ‘unacceptable to for two SYRIZA MPs to appear at the side of a terrorist,’ while PASOK called it a ‘major political error’. The two SYRIZA MPs stated that they had acted according to their consciences and according to ‘that which is demanded by the principles of a state of laws,’. The Piraeus court, where the November 17 member was transferred under police guard is, expected to announce its decision over the request by Savas Xiros to receive medical treatment at home on the 26th of June.  

 

 


NAFTEMPORIKI

The new framework for the restructuring of unserviced loans

22 measures and normal practices to manage over-indebtedness

The Bank of Greece is seeking to put order to ‘red’ loans worth 70 billion euros, putting in place a ‘framework of oversight obligations for the management of outstanding liabilities and unserviced liabilities.” With these measures it is expected that a large percentage of the 18.5 billion euros in mortgages will be managed, about 37.5 billion euros in business loans and about 14 billion euros in consumer loans.

In its decision it refers indicatively to the 22 internationally customary types of practical adjustments to deal with indebtedness. Among these are the partial write-off of debts, the provision of additional guarantees on the part of the borrower and the sale or renting of a mortgaged property. For businesses among the indicative measures presented is the functional restructuring with a change in the management of the business. Additionally exchanges of debt for share capital are also proposed. 

EFIMERIDA TON SYNTAKTON

“What should we do?”

SYRIZA is at a crucial crossroads following the elections in May

Alexis Tsipras: a rift without a plan leads to defeat and subjugation. A rift with a plan leads to political overthrow.

In SYRIZA’s HQ in Koumoundourou the discussion has begun over the party’s present and future. In light of the meeting of the Central Committee on Saturday, 53 members submitted a list of positions which raise questions over the strategy and tactics of the party. The Political Secretariat will decide today on its opening text which is being prepared by members of all leanings. 

ELEFTHEROTYPIA

150,000 beneficiaries have been waiting for pensions for 5 years!

The government and the Labour Ministry have been mocking 150,000 beneficiaries who have submitted applications for pensions – in some case even just temporary pensions – and have been on waiting lists that are up to 5 years long.