Athens Macedonian News Agency: News in English, 16-06-01

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

CONTENTS

[01] Loan installment of 7.5 bln will be disbursed by June 13, finance ministry source says

[02] Former employees of Athens Ledra Hotel meet ministry official during rally

[01] Loan installment of 7.5 bln will be disbursed by June 13, finance ministry source says

"We are ready for the disbursement of the installment. I expect the installment will be disbursed on Monday week," he said.

According to the same official, before the European Stability Mechanism decides the disbursement of the specific installment, which is the first out of a total of 10.3-billion-euro loan tranche, the institutions must write an implementation report and the memorandum documents must be ratified by five EU member-state parliaments.

The source said there was not yet any agreement with the institutions regarding non-performing loans guaranteed by the Greek state, noting that this issue might be left until later or possibly discussed in a video conference call between the institutions and Finance Minister Euclid Tsakalotos, given that Economy Minister George Stathakis was going to be in Paris for an OECD meeting.

[02] Former employees of Athens Ledra Hotel meet ministry official during rally

A delegation of the protesters met with the general secretary of the ministry, Andreas Nefeloudis, who said the ministry will speed up the payment of the unemployment benefit and an additional assistance of 1,000 euros. The delegation also said Nefeloudis told them the ministry will do all it can to impede the sale of the hotel.

A trilateral meeting between the ministry, the company and the employees has been scheduled for June 6, at 11:00 (local).

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