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Ratification Of The Act Of Legislative Content "approval Of The Draft Master Financial Assistance...

Original Language Title: Ratification of the Act of Legislative Content “Approval of the Draft Master Financial Assistance...

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MEMBER OF THE GREEK EXCERPT

First, From the Official Record of Proceedings, 20 March 2012, No Meetings of the Assembly of the House, in which

The following draft law was adopted:

Ratification of the Act of Legislative Contents " Approval of the Main Title of the Financial Facility between the European Financial Stability Fund (E.T.U.);

The Hellenic Republic of Greece, the Hellenic Association of Financial Stability (T.H.C.) and the Bank of Greece and the granting of authorizations for the signature of the Prime Minister "

Article 1

It shall be ratified and shall have effect from its publication in the Government of the Government of the Government of the Government of 14 March 2012, Act No Positive Contents, ' Approval of the Principal Issuance of a Financial Facility between the European Credit Fund. Stability (E.T.H.P.C.), of the Hellenic Republic of Greece, of the Hellenic Financial Stability Fund (T.X.C.) and of the Bank of Greece and the provision of information on the signature of the Main Access ", published in No. 55 Nature of the Court of Appeal of the Government (issue A), which reads as follows:

' ACT OF LEGISLATIVE CONTENT

" Approval of the Main Title of the Financial Stability Facility between the European Hellenic Financial Stability Fund (E.T.U.), the Hellenic Republic of Greece, the Hellenic Financial Stability Fund (T.X.C.) and the Bank of Greece; Providing and providing authorization for the signature of the Main Access "

THE PRESIDENT OF THE HELLENIC REPUBLIC

Having regard to Article 44 (1) of the Constitution, 2. The exceptional case of extreme urgency; and

An unforeseen need to approve the Plan of the Cyprus Financial Stability Facility, between the European Hellenic Financial Stability Fund (E.T.H.C.), the Hellenic Republic of Greece, the Hellenic Financial Stability Facility (T.H.C.) And the Bank of Greece to provide financial assistance to Greece, up to a total amount of EUR 109.1 billion in order to sign the Convention on 15 March 2012 and to take the first instalment on 19 March. 2012 and to provide authorizations for the signing of the Prime Directive Of the financial contribution provided for by its annexes.

3. The proposal of the Council of Ministers.

A p r o f o f o f the

Article 1 Approval of the Main Title of the Financial Instrument

Facilitation

The Plan of the Primary Management of the Financial Stability Facility between the European Financial Stability Fund (E.T.U.), Greece, Greece, as the beneficiary of a Member State, the Hellenic Fund Financial Stability Facility, is approved. (T.H.C.), as a guarantor, and the Bank of Greece, entitled 'Master Financial Assistance Facility Agreement' ('Master Financial Assistance Facility Agreement ') for the provision of financial assistance, up to the total amount of one hundred and nine EUR 109.100,000,000 million (EUR 109.100 million), with a view to Financial aid to the beneficiary Member State via the European Investment Bank, as agreed in the Council of 12 March 2012 of the Ministers for Finance of the Member States of the euro area, together with its branches, such as this Plan together with the Annex-to the English language, as the official language of those texts, and their translation into the Greek language, shall be annexed to this Act.

Article 2 Provision of authorisations for the signature of the Main Capital of the Financial Facility

1. Involves the Minister for Economic Affairs;

1

A request to represent the Hellenic Republic and to sign the Convention referred to in Article 1, with its annexes, with any necessary steps to re-establish errors or the clarification of the ambiguities of the Plan adopted, The article in the preamble.

2. Provided to the Governor of the Bank of Greece and the President of T.H.C., the authority to represent the Bank of Greece and the Hellenic Financial Stability Fund, respectively, and to sign the Convention referred to in the article 1, together with its annexes, with any necessary amendments to re-establish errors or the interpretation of the draft approved by the previous article.

3. The validity of the access referred to in Article 1 shall start from the date on which it is signed by all parties in accordance with the terms and conditions specified therein. With a view to the Minister of Finance, the Convention, after its signature by all the parties concerned, is forwarded to the Parliament for information.

4. At the end of Article 1 (4). The following is added, since the entry into force of Regulation (EC) No 4046/2012 (A-28). 4046/2012, subparagraph as follows:

"It is also provided to the President of the J.C., the authority to represent the Hellenic Financial Stability Fund and to sign the above Convention."

1 b

Article 3 Entry into force

This power, which will be ratified in accordance with Article 44 (1) of the Constitution, starts from its publication in the Court of Appeal of the Court of Justice.

Athens, March 14th, 2012

THE PRESIDENT OF THE REPUBLIC

CARROT G. PAPOULIAS

THE PRIME MINISTER

LUKAS D. PAPADIAN ...

THE MEMBERS OF THE COUNCIL OF THE COUNCIL THEODICAL GLACIAL, EUPHILE VENIZELOS,

DEMETRIOS REPERTOIRE, ANASTASIOS FOR NAIITSIS, CROSS TOWN, DEMOS AVARMOPOULOS, FULL-TIME PAPAKONISTON, GEORGIOS PAPI-YOUTH, MAUROUDIS OF THE NORTH, MONSTROUS SCANDAL, MILADY PAPAIOANNOU, GOLDSMITH, GORILLAS, GEORSON, STAVROPOULOS, COMPLETE HEARTBURN, BRIGHT BIRTHS, FILIPINO SAINIDIS, COMPLETE HOUSE-LAW, SAFETY OF SHARPNESS, NICOLIC SAUNA-KI, KONSTANTINOS ARVANITOPOULOS "

Article 2

1. At the end of par. Point 8 of Article 1 of n. The following subparagraph shall be added: 2322/1995 (A΄ 143), as applicable, the following subparagraph is added:

" By decision of the Minister of Finance,

Or revise the functioning of the Management and Evaluation Board of the Advisory Committee for the Management and Evaluation of the Guarantee of the Hellenic Dome, which may specify the responsibilities and measures it may take or recommend for The achievement of its objectives shall specify the procedure for the submission, examination and monitoring of the causes by the undertakings, credit institutions and bodies, and a financial envelope for the submission or review of each application. '

2. Agreements with special scientific staff referred to in Article 13 (3). The Council adopted Regulation (EEC) No 3965/2011 (1 113), which expired after the entry into force of the application. 3965/2011, are hereby extended until 31 December 2012.

3. The payment of an additional fee to the "closing agents" of the sum of four million (4 million) euro, as a mutual contribution to the success of the exchange programme, is approved. Greek Day with the participation of the private sector (PSI), during which the participation rate exceeded 95 % of the creditors. Payment to be made to the International

A financial institution (IIF), up to a maximum of three million four hundred thousand (3 400 000) of the euro as the legal expenses of the Bank and the Organizing Committee of the Creditors (hereinafter referred to as 'the Committee') for its implementation. Programme-the exchange of the Greek public with the participation of the private sector. The payments of this paragraph shall be carried out;

By a decision of the Minister for Economic Affairs, following a request from the Permanent Representatives Committee and the International Monetary Institute, and the relevant recommendation of the United Kingdom.

133

134

Article 3

The validity of this law shall start from its publication in the Governing Council of the Government.

Athens, 2012

THE PRESIDENT OF PARLIAMENT

FILIPINO PEBBLE

THE SECRETARY-GENERAL OF THE COUNCIL OF THE EUROPEAN PARLIAMENT

ATHANASIOS D. PAPAIOANNOU, IMMORTALITY. THEODOROPOULOS