#AceNewsReport – #GREECE July.17: Germany has just signed and agreed third bailout and Greek banks will reopen on Monday, but according to a senior government official withdrawal restrictions will remain. “From Monday, the services offered will be widened.
All the banks everywhere will be open,” Deputy Finance Minister Dimitris Mardas told ERT television adding that bank customers “can deposit cash [and] they can transfer money from one account to the other.”
He also noted that if someone doesn’t want to take €60 on Monday and wants to take it on Tuesday, they can withdraw €120 or €180 on Wednesday. Banks in the country have been closed since June 29, after the Greek government imposed capital controls. On Thursday the ECB increased the cap on emergency funding that Greek lenders can draw from their domestic central bank by €900 million.
Following tough negotiations, Greece finally struck a preliminary rescue deal with its creditors on Monday, which is hoped, would help to prevent an imminent financial catastrophe.
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#AceBreakingNews – RUSSIA:Dec.10 – In a couple of years Russia will be able to substitute 100 percent of “unnecessary” food imports, Russia’s Prime Minister Dmitry Medvedev said during his live TV interview Wednesday.
“We are able to fully replace needless imports in the mid-term,” said Medvedev.
Medvedev said the shift won’t be immediate, but the good thing is that shelves in the stores throughout Russia have already become full of domestically made produce.
READ MORE: Russia bans agricultural products from EU, USA, Australia, Norway, Canada
“We are serious people and we’ve never said that we’d get all Russian agricultural items the next day after introducing response measures [to Western sanctions – Ed.],” he said adding that the goal of filling shelves with domestic production is gradually being achieved.
His comment comes at a time when the Russian economy is struggling to withstand oil prices that have plunged more than 40 percent from a peak of $115 per barrel in the summer.
The Russian currency has gone into free fall, touching new lows every day. The ruble was trading at 54.3 against the US dollar and at 67.3 against the euro at 1200 MSK Wednesday on the Moscow Exchange.
#AceWorldNews – GERMANY (Berlin) – September 15 – Germany’s anti-euro party Alternative for Germany (AfD) got a further boost on Sunday (14 September) entering two more state parliaments following regional votes.
Alternative (AfD) Party
“We are a party that is renewing the political landscape in Germany where people turn their back to traditional parties that have lost their profile,” said AfD party head Bernd Lucke.
AfD party head Bernd Lucke
“One can’t deny it any more: the citizens are thirsting for political change,” he added.
Preliminary results suggest the right-wing party secured around 10.6 percent of the vote in Thuringia state and 12.2 percent in Brandenburg.
The two states are traditionally seen as a power base of support for Chancellor Angela Merkel’s Christian Democrats.
Founded 19 months ago, the AfD manifesto calls for a scrapping of the euro in favour of the German Deutsche Mark.
The eurosceptic party has strongly criticised the eurozone bailouts and opposes the concentrated power base of the EU institutions in Brussels.