Athens Macedonian News Agency: News in English, 12-07-25

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Army chief of staff tenders resignation

[02] Athens Newspaper Headlines on Wednesday

[03] IKA to use state bonds to repay repo transaction

[01] Army chief of staff tenders resignation

"With respect for the personnel I had the honor of commanding for nine months", Ziazias submitted his resignation "for reasons of ethics and dignity, both mine and the Army's," the announcement added.

[02] Athens Newspaper Headlines on Wednesday

The 21 first mergers and abolitions of state agencies, government officials' meetings with the Troika, prime minister Antonis Samaras' address the first meeting of his New Democracy (ND) party's parliamentary group and European Commission president Jose Manuel Barroso's lightning visit to Athens on Thursday were the main front-page headlines in Athens' dailies on Wednesday.

ADESMEFTOS TYPOS: "Barroso coming tomorrow - Express visit in active support of Greek government's titanic effort".

AVGHI: "Hanging on to the Troika".

AVRIANI: "Germans predict dark days for Greece".

ELEFTHEROS TYPOS: "The message of Barroso's sudden visit to Athens: Take measures, you're in danger".

ESTIA: "Honorary references to two Greeks".

ETHNOS: "First wave with 21 'locks' in the public sector".

IMERISSIA: "The country will win the euro wager".

KATHIMERINI: "Negotiation in heavy climate".

LOGOS: "End of era for 21 organisations".

NAFTEMPORIKI: "Plan for recovery and renegotiation of Memorandum".

NIKI: "What our money will be worth if we leave the euro".

RIZOSPASTIS: "Urgent issues for the relief of the workers and unemployed".

TA NEA: "Austerity burning Europe".

VRADYNI: "Buildings lacking permits: Thousands of owners trapped due to lack of forest maps".

[03] IKA to use state bonds to repay repo transaction

IKA said the new transaction will be made using Greece's new state bonds, issued after a "haircut" of the Greek state debt, with a number of low-bidding banks and will have a duration of 49 days.

National Bank, ATEbank, Eurobank and Alpha Bank participated in the previous transaction.

Greece's largest pension fund has already received the biggest part of its annual state subsidy envisaged in the state budget.

IKA reported a 14-pct decline in revenues in the first four months of 2012, compared with the same period last year.

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