Friday Jan 30, 2015 Search
Weather | Athens
16o C
13o 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)  
Judges´ report on Golden Dawn case expected next week
Karamanlis, Bakoyannis discuss ND´s future
Imia flyover sparks Turkish reaction
Greece set on path for collision with its lenders
Increase in minimum salary is left aside for now
The Labor Ministry’s new administration is preparing to take cautious steps in the context of broader planning for employment and enterprises, which will risk creating a shock in the domesti...
Decline in euro rate has exporters eyeing growth in 2015
A decline in the exchange rate of the euro against the US dollar, as well as other major currencies, is key if Greek enterprises, and their eurozone counterparts, are to regain a significant...
Inside Business
SOCCER
Gattuso: Unpaid OFI players couldn´t buy food
Former coach Gennaro Gattuso has lifted the lid on the plight of crisis-club OFI Crete which has been banned from playing in the Super League until it clears mounting debts with its staff. T...
SOCCER
Olympiakos draws AEK in Cup quarterfinals
The dream draw of Olympiakos vs AEK in the quarterfinal materialized on Friday, as two of the capital's three giants will face off in a two-leg tie for a place in the semifinals of the Greek...
Inside Sports
INTERVIEW
SYRIZA must come up with ‘pragmatic solutions,’ Schulz tells Kathimerini
“SYRIZA must realize that it is now the Greek government, not a party running an election campaign,” European Parliament President Martin Schulz, the first European official to visit Greece ...
COMMENTARY
Strange haste
The members of the new government must have a lot of confidence in themselves. Several days before announcing his program, Prime Minister Alexis Tsipras and his cabinet have opened up a mult...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Increase in minimum salary is left aside for now
2. Decline in euro rate has exporters eyeing growth in 2015
3. TAIPED is stripped of its management and most projects
4. Tourism to build on last year’s massive growth
5. HFSF portfolio sees its value diminish
6. Judges´ report on Golden Dawn case expected next week
more news
Today
This Week
1. SYRIZA must come up with ‘pragmatic solutions,’ Schulz tells Kathimerini
2. Why Greece went left while Europe turns to right
3. Capital flees Greece at fastest pace since 2011
4. Greek government's signals very mixed, ECB's Jazbec says
5. EU's Schulz: Greece should follow EU line on Russia
6. Monastiraki restaurant fire prompts panic, restricted before spread
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. Greek Elections 2015 | LIVE
4. Greek Elections 2015: The day after | LIVE
5. SYRIZA's win will test institutions
6. Poll shows SYRIZA leading ND by 4 pct
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.