Giorgos Alogoskoufis

Even if we were to accept the argument that the illegal spyware affair is solely about certain private parties and individuals, the Greek justice system had a duty to investigate further.

Several financial reporters are celebrating - some even more than the government - the "privatization" of Greece's systemic banks - those whose rescue taxpayers are still paying for.

Panteion University's Institute of International Relations in Athens is organizing a one-day conference titled "Greek Banks: A Pillar of Growth or a Big Patient?" at the institute's functions hall (3-5 Hill Road, Plaka) from 10 a.m. to 2.30 p.m. on Wednesday, June 19.

The Bank of Greece has submitted a request to the European Commission's Directorate-General for Competition for Attica Bank to draw cash from the emergency liquidity assistance (ELA) mechanism through the issue of Greek state bonds that will be used as collateral.

 Alogoskoufis law of 2008 not only supported the credit sector but has also been boosting budget revenues

By Yiannis Papadoyiannis & Sotiris Nikas