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Athens Macedonian News Agency: News in English, 15-07-01
CONTENTS
[01] Payment of pensions carried out smoothly, Hellenic Bank Association
president says
[02] Social Insurance sec' general: Acute liquidity problem
[01] Payment of pensions carried out smoothly, Hellenic Bank Association
president says
ANA/MPA---"The payment of pensions in all open bank branches is carried
out smoothly," the president of Hellenic Bank Association Louka Katseli
on Wednesday said in statements to ANA-MPA.
"In the few branches of Attica and Thessaloniki with massive turnout,
the problem has been addressed satisfactorily while several branches
will operate until 19.00. If necessary, the banks are ready to open
additional branches," Katseli added.
[02] Social Insurance sec' general: Acute liquidity problem
ANA/MPA---"There is an intense cash flow problem and this leads to
restrictions on withdrawals and the queues outside the banks. It means
that there is not enough money in the banks and for this reason we
closely monitor transactions. We hope that within the next week the
normality will return, said Social Insurance secretary general Giorgos
Romanias on Wednesday to private radio VIMA FM.
Asked on social security funds' liquidity, Romanias noted "There are 6
billion euros in the common capital of the Bank of Greece. The Common
Capital exists to faciliate the social security funds to pay their
pensions. This system did not operate these days. Irregularities of the
past emerge today, at some point they must stop. The Bank of Greece can't
invest this money and to not be able to give to the funds their money. It
is an irregularity that continues for many years and the Bank of Greece
profiteers on the funds' money and when the funds need the money can't
use them. They have money and they can't use it.
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