Dev’t minister Hatzidakis urges banks to increase market liquidity

18:51 4/9/2013 - Πηγή: Matrix24

In statements he made following a meeting with representatives of the Association of Greek Banks (EET) on Tuesday, Hatzidakis noted that a new timetable will be set that will contain specific monthly targets, to be detailed by September 15, so that the four systemic banks would contract 2.0 billion euros from structural funds by the end of the year.

According to EET president George Zanias, if the funds owed by the Greek state to enterprises was added, then a total of some 8.0 billion euros, or 5 pct of the country’s GDP, will be made available in the market.

Source: AMNA

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