Athens Macedonian News Agency: News in English, 14-10-16

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

CONTENTS

[01] SYRIZA spokesman Skourletis testifies in MPs' alleged briberies case

[02] ECB to loosen rules for Greek banks' borrowing‏

[01] SYRIZA spokesman Skourletis testifies in MPs' alleged briberies case

"The hypocritical cries, the doomsday rhetoric and the government's efforts to reverse reality are a conscious choice to conceal the fiasco of the country's so-called withdrawal from the memorandum and the International Monetary Fund (IMF)," he underlined adding that the government will be overthrown by the need for a strong government, which will correspond to the real correlation that exists in society, for exiting the crisis.

Skourletis had been called to testify as part of an investigation into MPs' bribery allegations regarding the election of a President of Republic. The head of SYRIZA leader Alexis Tsipras' office Nikos Pappas will testify later in the day.

[02] ECB to loosen rules for Greek banks' borrowing‏

The Bank of Greece on Thursday confirmed that during a communication between Greek central banker Yannis Stournaras with ECB's president Mario Draghi, the ECB expressed its intention to "loosen" the framework covering Greek banks' borrowing with the aim to boost their liquidity.

In its framework, the ECB is expected to lower a "haircut" imposed on securities offered by Greek banks as collateral to borrow from the central bank.

According to the latest figures, Greek banks' borrowing from the European Central Bank totaled 42.6 billion euros in September.

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