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Athens Macedonian News Agency: News in English, 13-06-10

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

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

CONTENTS

  • [01] Nanopoulos to step down as Eurobank's CEO
  • [02] FinMin meets with troika for economy review

  • [01] Nanopoulos to step down as Eurobank's CEO

    ANA/MPA-Nikolaos Nanopoulos, chief executive of Eurobank, on Monday said he will not be a candidate for the job during a regular general shareholders' meeting, scheduled for June 27, which will elect a new board.

    In a letter to the board, Nanopoulos expressed his confidence that Eurobank, exploiting its unique advantages and the abilities of its staff, will be able to build a new course of success and achievements in new conditions created in the country's banking system.

    [02] FinMin meets with troika for economy review

    ANA/MPA--Finance Minister Yannis Stournaras is meeting at 11:00 a.m. on Monday with the representatives of the troika of lenders - European Union, European Central Bank and International Monetary Fund - to review the economy.

    According to official sources, the government hopes that the review will be completed by June 20, the eve of the Eurogroup meeting that will deal with the system of streamlining and liquidations of European banks.

    It is also hoped that the Euro Working Group will have approved the release of the 3.3-billion-euro tranche of June by then. Three loan agreement preconditions to the release are expected to be settled by the government soon - the bill on indebted households, the mechanism to fight corruption and actions that will open the energy market.


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