Athens Macedonian News Agency: News in English, 15-05-05

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

CONTENTS

[01] FinMin Varoufakis meets with French Economy Minister Macron in Paris

[02] Sklavenitis Group buys Veropoulos supermarket chain

[01] FinMin Varoufakis meets with French Economy Minister Macron in Paris

Earlier in the day Varoufakis met with French Finance Minister Michel Sapin, then went to Brussels where he met with European Finance Commissioner Pierre Moscovici.

"Our talk was on technical level," Varoufakis said of his late Tuesday meeting with Macron in Paris. "It was especially complicated but constructive, within the framework of technical solutions we are jointly looking for," he told ANA-MPA.

Macron, he said, "helped a lot in formulating some ideas in the framework of efforts to be expanded over the next few days towards a solution."

Asked whether they discussed the reforms proposals, the finance minister said they discussed "fiscal, budgetary reforms, banks, non-performing loans, and overdue debts." The aim, he added, was to find a solution "that is not simply a solution but (something) that offers an in-depth solution to the crisis of the last few years."

The minister is expected to go to Rome next.

[02] Sklavenitis Group buys Veropoulos supermarket chain

In an announcement, Sklavenitis said the acquisition will be completed following a corporate transformation of Veropoulos Group and the split of its activities in Greece and abroad, an effort currently underway with the support of Sklavenitis Group. Sklavenitis expects the deal to be completed this year.

The deal will create a big Greek group in the supermarket and cash & carry market, operating a network of 342 units around Greece. The deal needs approval from the country's competition authorities.

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