On Monday, National Bank of Greece announced that it had completed a small and midsize enterprise (SME) securitisation that will raise up to €300 million of mediumterm funding by placing the senior notes with the European Investment Bank, European Investment Fund and European Bank for Reconstruction and Development.
Greece is keen to launch talks on debt relief. Prime Minister Alexis Tsipras is to explore the prospects for an alliance of Southern European countries backing Greece’s debt demands at a summit of socialist heads of state due to take place in Paris on August 25. According to sources, Tsipras aims to arrange a subsequent meeting in Athens on September 9 to further explore the prospects of such an alliance.
By Jenny Tobien, dpa
Hundreds of thousands of people are creating an identity for themselves by sharing food photos on social media. But why?
Neuschwanstein is the undisputed favourite castle for tourists visiting Germany, but there are many other royal palaces near it in the southern state of Bavaria well worth seeing.