News “Agency 104,9 Fm”, the president of the bank of Attica and former representative of Greece to the IMF, Panagiotis Roumeliotis. It has clarified the scope of the negotiation (…) have been isolated, the extreme voices, calling for high primary surpluses for many years,” said mr Roumeliotis, and added that even the issues related to the Greek side, such as the reforms of the social insurance and taxation, will be closed.
“It has become clear that we need to close the medium-term measures for the debt stressed, while referring to an out of court settlement, stressing that it would help the banks to close, “red loans” that are not expected to serve and open the way for there to be liquidity in the real market.
On whether there will be a change in the attitude of the IMF after the election Trump, mr Roumeliotis, commented that “the American President has declared that Greece is a matter for the EU and the euro area […] from the beginning there were objections to the participation of the Fund in the program. Donald Trump will not have a disagreement on the reforms proposed by the IMF but would not agree to financing Greece if it does not guarantee the Europeans in the settlement of the debt”.
Report on contacts with the productive bodies of Northern Greece, noted that the bank has resolved, is growing and is ready to finance the real economy.
“Our funding will run out in small and medium-sized exporting and innovative companies,” said mr. Roumeliotis, announcing that the total amount will be channelled to the enterprises will reach 200 million euros. “In Northern Greece there is export dynamics in agricultural products recorded last year, an increase of 30%. This year and due to the weather conditions we believe that it would be even better,” he said.
“we will strengthen all the innovative efforts that re-orient the economy and put other objectives. The bank will allocate in the direction of 100 million euros, while another 100 million are expected to ensure cooperation with international organisations,” noted the president of the bank and in conclusion stressed that the new administration was denounced, as it was supposed, the loans of citizens, parties, and most will take the path of justice.
“All the cases that have arisen following the audit, will be examined in the context of justice,” he said. “The bank has been sanitized and adapted to the orders of the ESM and of the Bank of Greece. In the meantime, it was decided not to finance businesses that have a direct or indirect relationship with the media,” he added.
Roumeliotis: The evaluation will be closed at the latest on 7 April
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