arrangement of the “red” business loans, and debt of entrepreneurs and free professionals in the public and insurance funds, foreshadowing with an interview with ana-MPA, the minister of Economy, Development and Tourism, George Stathakis.
Mr. Stathakis believes that private investments are the ones that will get the economy out of stagnation and for this reason the government promotes a full range of financial tools and important institutional interventions such as the bill to facilitate the licensing and operation of the centres one-stop-shop for businesses.Especially for the “red” loans, the minister declares that “we are in the final stage of completion of the institutional framework for a new out-of-court mechanism for the adjustment of debts of enterprises and self-employed professionals, on the basis of objective, transparent and accepted by all the involved criteria”.
“Although,” she pointed out, “that no one can guarantee or to extort the consent of the creditors’ proposed by the debtor’s plan on the settlement of debts, we hope that it will pave the way for settling out of court a large proportion of loans and debt to the Public, and that you will immediately change the ingrained mindset that the differences are resolved only in the courts”.
For the enhancement of liquidity in the market, mr. Stathakis stated that by the end of the year will have paid off 3.5 billion. euro, the debts of the state to the private sector and other 2 billion. euro will be awarded in 2017. With regard to the NSRF, by the end of September it will have activated, overall, 50% of the programmes and within the same month will be announced action with a total budget of 370 million. euro for consortia of companies with research bodies to promote investment in research and innovation, and will be issued invitations for fellowships, post-doctoral research and dissertations. Also will be announced and the second round for the three calls for entrepreneurship of the Restart (the strengthening of the self-employment of graduates of higher education, start-up entrepreneurship and upgrading of very small and small existing businesses with the development of their skills in new markets).For the implementation of the prerequisite associated with the disbursement of the υποδόσης of 2.8 billion. euro, mr Stathakis notes that will fully cover the issues concerning the ministry of Finance.
Source
C. Stathakis: Within September 50% of the NSRF
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