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Greek bank plan may be completed after vote, report says

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

The country’s 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)  
Greeks ruled ship market in August
Nine properties to be auctioned next week
Retail price of milk has dropped by 5-10 pct
Foreign and domestic air arrivals rise
Death of nurse at ‘violent’ hostel to be investigated
Health Minister Makis Voridis on Monday ordered an investigation into how a male nurse, who is a father of two, died at a psychiatric hostel for minors in Pallini, northeast of Athens, follo...
Union calls for occupation of town halls as mayors defying evaluation are probed
As Supreme Court prosecutor Efterpi Koutzamani ordered a preliminary investigation into five mayors who are refusing to cooperate with the government over civil service evaluations on Monday...
Inside News
SOCCER
All team sports suspended next weekend in memory of dead fan
The government announced on Monday the suspension of all team sports events in Greece scheduled for next weekend, October 4 and 5, in the memory of the Ethnikos Piraeus fan who died a few ho...
SOCCER
Karamanos punishes Michel for deeming him surplus
Atromitos forced Olympiakos’s first loss this season in all competitions on Saturday to allow PAOK to go alone on top of the Super League table on Sunday. Odds-on title favorite Olympiakos l...
Inside Sports
COMMENTARY
Next-day jitters
It is usual for Greek governments, whether one-party or coalitions (which are normally loath to actually work together), to claim that their only real challenge is dealing with the country’s...
EDITORIAL
No sweet debt deals
The lion’s share of Greece’s debt is held by European Union member states and the International Monetary Fund. A writedown of the European part of the debt would require the approval of the ...
Inside Comment
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 RECENT NEWS
1. Greeks ruled ship market in August
2. Nine properties to be auctioned next week
3. Retail price of milk has dropped by 5-10 pct
4. Foreign and domestic air arrivals rise
5. Plan waives interest on expired debts
6. Death of nurse at ‘violent’ hostel to be investigated
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