Get ready
for a new round of fierce propaganda in Greece against the government
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The folder
of the shadow bank loans to the indebted groups of media opens the
Greek finance ministry, though - at least initially - the Bank of
Greece is unwilling to provide data and information to the
parliament. According to a paper by the Greek FinMin, Yanis
Varoufakis, submitted to the parliament, all the loan agreements
approved by the banks for the indebted media businesses will be
examined.
Varoufakis'
paper came as an answer to the question submitted by the
parliamentary representative of the Independent Greeks party, Nikos
Nikolopoulos, according to which he requested the facts about the
loans considered insecure according to the banking standards, taken
by the Greek media. They are loans taken by the media the last five
years.
According to
Varoufakis' paper, the Greek FinMin submitted the question of
Nikolopoulos to the Bank of Greece. However, the central bank refused
to provide information about the matter claiming that such an action
would violate the service-professional secrecy.
In
Varoufakis' paper is stated that "the government is determined
to fight the corruption and stop privileged treatment - by the banks
- to the media businesses".
According to
the paper, the reason for such an action is caused by the
unacceptable fact that the media businesses are funded by public
money - which was given to the banks through the re-capitalization
process - when, at the same time, thousands of small-medium
businesses are excluded from the liquidity supply. As Varoufakis
points, there is a specific directive by the government to the banks
not to give loans to the media businesses without conditions and
guarantees.
Varoufakis
also states that the government aims to examine deeply all the loan
agreements to the indebted media businesses, as well as to other
sectors. Everything should go public.
According to
some estimations based on data that became known from the published
balance sheets, today, the media capable of broadcasting nationwide,
appear to have total obligations of more than 710 million euros.
Source:
Bankers hanging from lampposts globally. Long overdue.
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