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Greek bank plan may be completed after vote, report says

Greeces bank recapitalization plan may be completed after elections are held on May 6, Imerisia reported, without saying how it got the information.

The countrys bank recapitalization body has received most of a 25 billion-euro ($33 billion) first tranche of funds earmarked for the plan from the European Financial Stability Facility, according to the Athens-based newspaper. [Bloomberg]

ekathimerini.com , Wednesday April 18, 2012 (12:11)  
Greek bonds continue post-election plunge
Mixed reaction from big investors to Greek election result
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Greek coast guard search for missing ferry passenger
Coast guard vessels and helicopters continued to search for a missing passenger from a ferry from Crete that docked at Piraeus shortly before 7 a.m. on Tuesday. There had been no sign of him...
Serres police seek thieves of contraband smokes
Police in Serres, northern Greece, were on Tuesday seeking the thieves that stole more than 100,000 packets of contraband cigarettes from a customs authorities warehouse in a break-in believ...
Inside News
BASKETBALL
Basket League favorites survive challenges on the road
PAOK consolidated its position in the top three of the Basket League with a triumph at AGO Rethymnou on Saturday, while Olympiakos and Panathinaikos emerged victorious from their tough away ...
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakoss 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
Inside Sports
COMMENTARY
Greece, where everyones a winner
Whether a tradition or simply a bad habit, we have trouble finding a loser in any electoral race, a party leader who will openly concede defeat without trying to mitigate it with excuses. Th...
EDITORIAL
Political faux pas
Democracies have rules and institutions that must be respected and served by all who represent them. Most people can appreciate that politicians who have worked hard for the past two-and-a-h...
Inside Comment
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RECENT NEWS
1. Greek bonds continue post-election plunge
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3. Turk-Cypriot says gas search should stop until Cyprus solution is found
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5. Serres police seek thieves of contraband smokes
6. Bank stocks lose 23 pct in just two days
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