Tuesday April 21, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Ministry tells Greek banks to lay off social dividend

More than 200,000 beneficiaries received a share of Greece's much-touted primary surplus on Friday, according to the Finance Ministry which rapped banks for seizing the sum from account-holders with debts in certain cases.

A total of 205,912 households, who had made their applications up to an initial May 3 deadline, received a portion of the so-called social divided, the ministry said in a statement, noting that the total paid into those accounts amounted to 133.2 million euros.

Responding to reports that banks had seized the amount from account-holders with outstanding payments on their loans or credit cards, the ministry indicated that the banks should return the sums, noting that the social dividend is "non-taxable, non-deductible and cannot be seized or offset with other debts to the state or banks."

Finance Minister Yannis Stournaras and his deputy Christos Staikouras contacted the Hellenic Bank Association and called on it to intervene to ensure the law is enforced, the ministry said.

The deadline for the remaining applications for the social dividend is June 30, with the total amount to be handed out reaching 450 million euros.

ekathimerini.com , Friday May 9, 2014 (10:17)  
Juncker urges Greece to step up effort in debt talks
UN urges Europe to put asylum at center of Mediterranean debate
More than 120 migrants reach Greek shores, a day after fatal sinking
Greek municipalities outraged by state move to use funds
Greece buys six weeks space with order transferring city funds
Greek officials expect an order that local governments transfer funds to the central bank will keep the country afloat until the end of May as European policy makers turn up the heat on Prim...
Dijssebloem expects deal with Greece in coming weeks
The head of the Eurogroup said on Tuesday that he expects Greece and its creditors to strike a new deal in the coming weeks and warned that its exit from the eurozone would lead to instabili...
Inside Business
BASKETBALL
Panathinaikos recovers to beat CSKA for 2-1
Three-pointer master Panathinaikos had the last laugh at the end of Game 3 of its series with CSKA Moscow on Monday winning 86-85 and reducing the Russians' lead to 2-1 in the best-of-five p...
GYMNASTICS
Petrounias wins gold in Europeans
Lefteris Petrounias won his first gold medal in a European Artistic Gymnastics Championship on Saturday finishing first in the rings at Montpellier in France. Petrounias was impeccable in th...
Inside Sports
COMMENTARY
IMF needs to correct its big Greek bailout mistake
The Greek government's mounting financial woes are leading it to contemplate the unthinkable: defaulting on a loan from the International Monetary Fund. Instead of demanding repayment and fu...
COMMENTARY
Tragedy in the Mediterranean
Every time we in the West see yet another video of an atrocity committed by Islamic State or Boko Haram and express our abhorrence, and every time we are shocked to read of a boatload of mig...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greece buys six weeks space with order transferring city funds
2. Dijssebloem expects deal with Greece in coming weeks
3. Juncker urges Greece to step up effort in debt talks
4. UN urges Europe to put asylum at center of Mediterranean debate
5. More than 120 migrants reach Greek shores, a day after fatal sinking
6. Greek municipalities outraged by state move to use funds
more news
Today
This Week
1. Greek government's popularity takes a hit as talks drag on
2. Tragedy in the Mediterranean
3. Two men accused of migrant smuggling face prosecutor over deadly shipwreck
4. No ferries on Labor Day as seamen take industrial action
5. Silence is not an option
6. ECB studying curbs on Greek bank support
Today
This Week
1. Quarantine for Greek bank subsidiaries in neighboring countries
2. Greek finance ministry hits back at German newspaper report
3. Time to get serious
4. Putting off payments led to Q1 budget primary surplus
5. Obama calls for flexibility in Greek reform talks in brief exchange with Varoufakis
6. Greece denies report that it is preparing for debt default
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.