Tuesday, January 22, 2013
The Eurogoup approved yesterday the disbursement of the next tranche of financial assistance to Greece, amounting to €9.2 billion. Of the said amount, €7.2 billion will be used to cover bank recapitalisation, while the remaining €2 billion will go to state coffers. At the meeting, Jean-Claude Juncker appeared for the last time as Head of the council, and Dutch finance minister Jeroen Dijsselbloem was elected to replace him.
According to the relevant statement issued on Greece, the Eurogroup confirmed Greece’s compliance to the commitments undertaken, such as the income tax reform and the renewable sources levy adjustment. It further suggests that the release of the funding be formally decided by the European Financial Stability Facility Board of Directors later this month.
Europa Audiovisual Service: Eurogroup meeting - Roundtable [VIDEO]
- The Bank of Greece Roadshow in London
With the motto Greece is turning over a new leaf, the Bank of Greece is embarking on an information campaign in major investment firms and banks in London, aiming to highlight the significant progress made over the last couple of years.A group of board members, headed by BoG Governor Giorgos Provopoulos, is to travel this week in the British capital to present the developments and prospects of the Greek economy and banks, hoping to bolster investment interest in Greece.
The roadshow’s programme includes meetings with top investment companies such as Morgan Stanley, UBS, JP Morgan and Goldman Sachs, as well as with major credit institutions such as Citibank, Deutsche Bank and Credit Suisse.
The Greek team will also meet with executive officials of top international mass media such as the Financial Times and the Economist.
Greek News Agenda: Fin Min Embarks on European Road show

