Ministry of Finance: Responded to PASOK About the "Red" Loans - "They Share Cheap Promises and Send the Bill to the Consistent Ones"
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14 Articles
Discover more articles in search results Add ot.gr to Google The Ministry of National Economy and Finance launches a fierce attack on PASOK for its proposals regarding the management of private debt, rejecting, among other things, the invocation of the so-called "Cyprus model" for the purchase of loans from debtors. The ministry claims that the Cypriot …
The Ministry of National Economy and Finance has responded harshly to PASOK's proposal for the management of "red" loans, with the government questioning the interpretation given by the main opposition to the so-called "Cyprus model". The post "Red" loans: Harsh response from the Ministry of Finance to PASOK on the "Cyprus model" appeared first on PatrisNews - Patris Newspaper of Ilias.
"PASOK seems to have forgotten very quickly what the country learned very expensively in the past decade"
The Ministry of Finance rejected PASOK's proposal on "red" loans, describing it as dangerous and contrary to European law. It clarified that the Cypriot model does not provide for the mandatory purchase of loans at a predetermined price, noting that Greece already has a corresponding regulatory framework, while non-performing loans have decreased significantly.
"With proposals like these, the distance from the most memorable economic ideas of 2015 is starting to become alarmingly small."
"With such proposals, the distance from the most memorable economic ideas of 2015 is starting to become alarmingly small," the Finance Ministry says.
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