SYRIZA submits proposal for examining committee for political party, media loans

The government tabled a proposal for a parliamentary examination committee to investigate the legality of bank loans given to political parties and media companies, as Prime Minister Alexis Tsipras had announced in Parliament during debate on justice issues.

The committee will investigate whether these loans met the required criteria and had been rightfully given, including the contents of the loan agreements, the amounts given and the purpose of the lending or refinancing.

Moreover, the committee will examine whether the credit rating of the borrowers met the credit rating standards set by financial institutions and whether any collateral or other guarantees were offered, as well as the amount of current debt and whether this was being properly serviced.