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Athens Macedonian News Agency: News in English, 16-03-23

Athens News Agency: News in English Directory - Previous Article - Next Article

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

CONTENTS

  • [01] PM Tsipras expresses concern for NATO's effectiveness in Aegean in call to Stoltenberg
  • [02] EU justice and security ministers to meet in Brussels on Thursday
  • [03] BoG governor: Greek banks' capital position particularly strong

  • [01] PM Tsipras expresses concern for NATO's effectiveness in Aegean in call to Stoltenberg

    Prime Minister Alexis Tsipras on Wednesday had a phone contact with NATO secretary general Jens Stoltenberg.

    According to sources, Tsipras conveyed to Stoltenberg the government's discontent that NATO's action has not produced the expected results, and the refugee flows continue unabated from Turkey.

    During the telephone conversation, the Prime Minister stressed that the neighboring country needs to adhere to its commitments under the agreement on NATO activation and the terms of the EU-Turkey agreement.

    [02] EU justice and security ministers to meet in Brussels on Thursday

    BRUSSELS (ANA-MPA/C. Vasilaki) - The European Union's justice and security ministers along with representatives of European institutions will convene for an extraordinary meeting in Brussels on Thursday, according to an announcement from the Dutch presidency.

    The meeting is being held after a request by Belgium and has been scheduled at 17.00 (Greek time).

    [03] BoG governor: Greek banks' capital position particularly strong

    Greek banks' capital position is particularly strong, Bank of Greece governor Yannis Stournaras said, addressing an event organized by the National Bank of Croatia in Zagreb.

    In his address, Stournaras added that actions taken so far in the non-performing loans issue will further improve banks' capital position and stressed that banks in the Eurozone have improved their capital adequacy rates to around 14 pct currently, from around 8.0 pct in 2008. He underlined the need to review an existing bank supervision framework in the coming years and stressed that challenges ahead lied with completion of a Banking Union. Another challenge was increased burdens on banks to adapt to a new regulatory framework as a demand for greater transparency is accompanied with higher costs. Another challenge is to widen the supervision field as banks have activities in a number of sectors, such as securitization, repos, collateral management and derivatives. Stournaras stressed that another challenge was the role of the central bank as a lender of last resort for the banking system.


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