Central Bank Governor, Panicos Demetriades is expected to meet the President of the Republic tomorrow to discuss the financial part of the memorandum.
The government and the parties disagree with many of the technical regulations proposed by troika, such as the immediate increase of core tier 1 of the banks to 10%, the change of the calculation of the liquidity ratio and the restriction on investments in government bonds.
The Central Bank keeps its cards closed and announced that it will discuss the issues with troika.
In relation to the regulations to be approved by the House, such as the change in the supervisory framework of the Coops and the sale of real estate, the CB seems to agree with the government on the properties.
According to a Central Bank representative, the CB Governor will be accepted by the President at the Presidential Palace tomorrow at 11.00 am.
Then, between 3.00 pm and 7.00 pm, the Governor will have a telephone communication with the party leaders and the candidates for presidency.
The government and the parties disagree with many of the technical regulations proposed by troika, such as the immediate increase of core tier 1 of the banks to 10%, the change of the calculation of the liquidity ratio and the restriction on investments in government bonds.
The Central Bank keeps its cards closed and announced that it will discuss the issues with troika.
In relation to the regulations to be approved by the House, such as the change in the supervisory framework of the Coops and the sale of real estate, the CB seems to agree with the government on the properties.
According to a Central Bank representative, the CB Governor will be accepted by the President at the Presidential Palace tomorrow at 11.00 am.
Then, between 3.00 pm and 7.00 pm, the Governor will have a telephone communication with the party leaders and the candidates for presidency.