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Athens Macedonian News Agency: News in English, 16-06-16
CONTENTS
[01] New development law voted in principle
[02] ECB to decide on accepting Greek bonds as collateral on June 22,
ANA-MPA's sources
[01] New development law voted in principle
The new development law was voted in principle by the Greek Parliament
on Thursday.
The 152 deputies of SYRIZA and Independent Greeks voted for the bill
while all the other political parties voted against (101 votes) and the
deputies of the Democratic Alliance said 'present'.
The bill also includes an amendement submitted by Alternate Migration
Minister Yiannis Mouzalas on the composition of the committees that will
be examining the asylum applications.
[02] ECB to decide on accepting Greek bonds as collateral on June 22,
ANA-MPA's sources
The European Central Bank (ECB) is expected to give Greek banks direct
access to cheap funding during its board meeting on June 22, according
to ANA-MPA's sources in Frankfurt.
According to Reuters news agency, the European Central Bank is almost
certain to reinstate Greek banks' access to its cheap funding operations
next week, two sources familiar with the situation said, allowing lenders
to come off an expensive emergency lifeline after more than a year.
"Regaining the funding would be a big step in normalising an economy
still weighed down by capital controls and adjustments related to its
bailout," Reuters said.
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