Thursday October 23, 2014 Search
Weather | Athens
24o C
14o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Anastasiades, Cypriot party leaders explore 'Plan B' after rejecting deposit tax

Cypriot President Nicos Anastasiades met with party leaders on Wednesday morning in the wake of the Parliament’s decision to reject a deposit tax as part of an EU-IMF bailout.

“The President of the Republic expresses his absolute respect for yesterday’s decision in the House of Representatives,” said a statement from Anastasiades’s office.

It was decided at the leaders’ meeting that the parties would put together technical teams to meet at the Central Bank of Cyprus, where they would discuss “Plan B”.

Among the options being discussed are making use of about 5 billion euros in reserves held by Cyprus’s social security funds and a voluntary swap involving bank deposits and bonds indexed to the island’s natural gas revenues.

The island’s Orthodox Church said it is willing to put its assets, including land, at the disposal of the state.

"The entire wealth of the Church is at the disposal of the country ... so that we can stand on our own two feet and not on those of foreigners," Archbishop Chrysostomos said after meeting Anastasiades early on Wednesday,

The Church of Cyprus is a major shareholder in Cyprus's third-largest domestic lender, Hellenic Bank.

Anastasiades held the talks as Finance Minister Michalis Sarris was in Moscow for talks on alternative sources of financing. An initial round of talks on Wednesday morning proved inconclusive but Sarris said he would remain in Moscow so discussions could continue.

The Cypriot president spoke on the phone for about half an hour with his Russian counterpart Vladimir Putin on Tuesday night after Parliament’s “no” vote.

ekathimerini.com , Wednesday March 20, 2013 (11:28)  
Cyprus seeks EU response over Turkey´s EEZ violation
Thirteen indicted for inmate torture
Samaras, Venizelos eye deal with troika on bailout exit by Dec 8
Campaigners call for more road safety at deadly crash site
Athens weighs its LNG and CNG options
Energy Minister Yiannis Maniatis met on Wednesday with officials from six leading shipping companies in the liquefied natural gas (LNG) sector, as he is weighing the possibility of Greece as...
Greece ranks among global leaders in tourism growth
Tourism in Greece has done particularly well in 2014, having grown 16.7 percent year-on-year, while the head of the World Tourism Organization stressed on Wednesday the added value this grow...
Inside Business
SOCCER
Roberto´s heroics make Kasami´s goal count
Pajtim Kasami’s goal and Roberto’s heroics in goal saw Olympiakos claim one of the biggest wins in its history on Wednesday downing Italian champion Juventus 1-0 to boost its chances of reac...
SOCCER
Third-division Iroditos punished heavily after fan death
Greek third division team Irodotos has been docked 15 points and ordered to play 10 matches behind closed doors following the death of an Ethnikos Piraeus supporter, the Hellenic Football Fe...
Inside Sports
COMMENTARY
Careful what you wish for
Everyone is in a rush to become prime minister in this country, as if they have not learned a single thing from its political history. While still in opposition, PASOK’s George Papandreou ma...
EDITORIAL
Taking care of our key industry
It’s time to face facts: Tourism is the country’s heavy industry. The sector’s considerable contribution has served as a stabilizing factor for the local economy, essentially placing the cou...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Roberto´s heroics make Kasami´s goal count
2. Athens weighs its LNG and CNG options
3. Greece ranks among global leaders in tourism growth
4. Global oil price drop sends local fuel prices back to 2010 levels
5. Buy big house, become a citizen
6. Cyprus seeks EU response over Turkey´s EEZ violation
more news
Today
This Week
1. At least 11 banks to fail European stress tests, three in Greece, report says
2. Cyprus to block Turkey's EU talks after EEZ violation
3. EU’s Juncker wins Commission-team approval with investment vow
4. Juncker’s EU commission team set for parliamentary green light
5. Taprantzis resigns from privatization agency TAIPED
6. Fallen tree, smashup cause traffic jams in Athens
Today
This Week
1. Istanbul skyscraper casts shadow over Greece's banking ambitions
2. Coalition shooting itself in the foot
3. Greece’s closed society is central to its current malaise
4. Greece must stick to reforms, says Schaeuble
5. The past, present and future of the Greek debt crisis
6. Samaras’s crumbling Greek exit lacks backing from economists
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.