Valavanis

Thousands offered debt forgiveness in bid to raise fraction of arrears

Greece's radical government on Wednesday offered debt forgiveness to thousands of individuals and companies that owe the state money, hoping to secure a fraction of arrears.

Junior finance minister Nadia Valavani said debtors offering to pay a minimum of 200 euros upfront could see a haircut of up to 50 percent on the rest of their debt.

IMF Chief to attend Eurogroup on Greece; maybe ECB President too

International Monetary Fund Managing Director Christine Lagarde is to meet Finance Minister Yanis Varoufakis for the first time face-to-face on Wednesday during the emergency Eurogroup meeting being held to discuss the future of the Greek program. There is a strong possibility that European Central Bank President Mario Draghi may also be present at this meeting.

Confusion over future of sell-off fund TAIPED

By Vangelis Mandravelis

On Wednesday, just days after asking the top executives of sell-off fund TAIPED to quit their posts, Alternate Finance Minister Nadia Valavani surprisingly called on them to stay on until further notice and to postpone any significant decisions on privatizations for at least two to three weeks.

SYRIZA to ask for 'technical extension' to bailout, says leftist candidate

If SYRIZA is elected on January 25, it will be asking Greece's foreign creditors for a "technical extension" to the bailout deal, which expires officially on February 28, a candidate for the leftist party in Athens's second district, Nadia Valavani, told Athina 984 radio on Tuesday.

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