30/09/2013 07:00
The major issues in today’s financial press are the findings of the three-member inquiry committee on the economic delivered to the secretary of the Council of Ministers on Saturday and the Finance Ministry’s contacts with the troika for the decree that formalizes the nationalization of the Cooperatives.
The newspaper “Phileleftheros” refers to the new arrests for the Cyta scandal. According to sources, one of those who are involved in the scandal testified one again yesterday and named all the others who are allegedly involved in the case.
The “Economy” inset of the newspaper refers to the findings of the three-member inquiry committee for the economy, delivered to the secretary of the Council of Ministers on Saturday. According to the report, President Anastasiades will make a first reading of the findings so as to draw certain preliminary conclusions and take decisions for the next steps.
Other headlines:
-CTO establishes quality sign of tourism
-DISY initiative for tax cut – Real estate
-Averof: They must return the money they stole
-Greek economy back to salaries of 2006
The “Economy” inset of the newspaper refers to the upcoming stress tests that the ECB will make to the largest euro area banks. According to the report, the ECB will undertake direct supervision of the 130 largest banks in the eurozone, including Deutsche Bank, from November 2014 and will make a quality control of their sources.
“Politis” also reports that the Spanish government approved one more austerity budget for 2014.
Other headlines:
-Upward revision – Annual growth of 2.5% for the US economy
-Salaries going downward in Greece
-Waiting for the court – New decision for closed professions in EU
-Be afraid of the Italians for the global crisis
The “Economy” inset of newspaper “Simerini” refers to the recent decision of the IMF which reveals new numbers for Bank of Cyprus. The IMF report raises a new issue, which might affect negatively the capital of the old shareholders of Bank of Cyprus by €1.050 million. The new burden will depend on the value that the state bond of €1,800 million of Cyprus Popular Bank was purchased. It currently has nominal value of €1,900 million.
The newspaper also highlights that DISY President, Averof Neophytou announced his party’s intention to take an initiative for a property tax cut.
Other headlines:
-EVROKO – Political proposal for growth and justice
-SEC urges investors to be informed
The newspaper “Alithia” reports that interrogations for the scandal in Dromolaxia continue and new arrests are underway. According to sources, the Management of the authority is not aware for the purchase of air-conditions for Aero Center, without offers.
The “Economy” inset of the newspaper reports that the Finance Ministry hopes that the contacts with the troika on the decree that will formalize the nationalization of the Cooperatives will be finalized.
Other headlines:
-SEC sound the alarm to the investors
-Issue of more than €1 billion for Eurobank – Reuters
-Eurozone grew in Q3 – Eurocoin
-EC sounds alarm for European industry.
The newspaper “Haravgi” does not contain a financial inset.
The newspaper “Phileleftheros” refers to the new arrests for the Cyta scandal. According to sources, one of those who are involved in the scandal testified one again yesterday and named all the others who are allegedly involved in the case.
The “Economy” inset of the newspaper refers to the findings of the three-member inquiry committee for the economy, delivered to the secretary of the Council of Ministers on Saturday. According to the report, President Anastasiades will make a first reading of the findings so as to draw certain preliminary conclusions and take decisions for the next steps.
Other headlines:
-CTO establishes quality sign of tourism
-DISY initiative for tax cut – Real estate
-Averof: They must return the money they stole
-Greek economy back to salaries of 2006
The “Economy” inset of the newspaper refers to the upcoming stress tests that the ECB will make to the largest euro area banks. According to the report, the ECB will undertake direct supervision of the 130 largest banks in the eurozone, including Deutsche Bank, from November 2014 and will make a quality control of their sources.
“Politis” also reports that the Spanish government approved one more austerity budget for 2014.
Other headlines:
-Upward revision – Annual growth of 2.5% for the US economy
-Salaries going downward in Greece
-Waiting for the court – New decision for closed professions in EU
-Be afraid of the Italians for the global crisis
The “Economy” inset of newspaper “Simerini” refers to the recent decision of the IMF which reveals new numbers for Bank of Cyprus. The IMF report raises a new issue, which might affect negatively the capital of the old shareholders of Bank of Cyprus by €1.050 million. The new burden will depend on the value that the state bond of €1,800 million of Cyprus Popular Bank was purchased. It currently has nominal value of €1,900 million.
The newspaper also highlights that DISY President, Averof Neophytou announced his party’s intention to take an initiative for a property tax cut.
Other headlines:
-EVROKO – Political proposal for growth and justice
-SEC urges investors to be informed
The newspaper “Alithia” reports that interrogations for the scandal in Dromolaxia continue and new arrests are underway. According to sources, the Management of the authority is not aware for the purchase of air-conditions for Aero Center, without offers.
The “Economy” inset of the newspaper reports that the Finance Ministry hopes that the contacts with the troika on the decree that will formalize the nationalization of the Cooperatives will be finalized.
Other headlines:
-SEC sound the alarm to the investors
-Issue of more than €1 billion for Eurobank – Reuters
-Eurozone grew in Q3 – Eurocoin
-EC sounds alarm for European industry.
The newspaper “Haravgi” does not contain a financial inset.
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