📄 Legal text
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
[CAP. 502.
1
CHAPTER 502
GOVERNMENT BORROWING AND GRANTING OF
LOANS TO THE HELLENIC REPUBLIC ACT
To authorise and regulate the raising of loans for the purpose of
entering into re-lending agreements with the Hellenic Republic.
13th July, 2010*
ACT III of 2010, as amended by Acts XVIII of 2011 , III of 2012 and
VI of 2013.
1.
The short title of this Act is the Government Borrowing
and Granting of Loans to the Hellenic Republic Act.
2.
In this Act, unless the context otherwise requires -
"Consolidated Fund" has the same meaning assigned under
article 124 of the Constitution;
Short title.
Interpretation.
Amended by:
XVIII. 2011.5;
III. 2012.2;
VI. 2013.2.
"the European Commission" means the Commission of the
European Community;
"Intercreditor Agreement" means the agreement entered into in
Brussels on the 8th May 2010, between the Euro Area Member
States and the European Commission regarding pooled bilateral
loans by Euro Area Member States to the Hellenic Republic, which
agreement is reproduced in the Third Schedule. The agreement
being reproduced is in the English language;
"Loan Facility Agreement" means the agreement entered into in
Brussels on the 8th May 2010, which is reproduced in the First
Schedule, approved by the Euro Area Member States in pursuance of a
decision of the Council of the European Union providing for the
lending of money to the Hellenic Republic, as amended by the
agreements entered into in Brussels on the 14th June 2011, 27th
February 2012 and 19th December 2012, which agreements are
reproduced in the Second, Fourth and Fifth Schedules respectively. All
agreements being reproduced are in the English language;
"Malta" has the same meaning assigned to it by article 124 of the
Constitution of Malta;
"Minister" means the Minister responsible for finance.
3. (1) Subject to the provisions of this Act, the Government
of Malta may, for the purposes of article 4, borrow sums of money
in Malta, for an amount which in total do not exceed thirty million
Euro and such other sums of money as the House of
Representatives may from time to time by resolution authorise.
(2) For the purpose of raising the aforesaid sums of money by
way of loan, the Minister is hereby authorised to borrow the said
sums of money on such terms and subject to such conditions as the
said Minister may approve under the provisions of the Local Loans
(Registered Stock and Securities) Ordinance, in order to issue stock
*See article 1(2) of the Act as originally enacted, and Legal Notice 360 of 2010.
Authority to raise
loan.
Cap. 161.
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CAP. 502.]
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
in Malta:
Provided that the Minister may also when he deems it
expedient to do so for reasons of urgency, authorise the temporary
use of funds from the Consolidated Fund in order to meet the
financing requirements of the Loan Facility Agreement and the
Intercreditor Agreement until such time as the proceeds of the
borrowing referred to in article 3 shall be obtained.
Purpose of loans.
4. (1) Notwithstanding any other provision of the law, any
money borrowed under the authority of this Act shall be
appropriated and applied for the purpose of entering into re-lending
agreements, concluded between the Government of Malta, as
lender, and the Hellenic Republic, as borrower, for an identified
amount, in pursuance and within the framework of a Loan Facility
Agreement and in pursuance of an Intercreditor Agreement.
(2) The re-lending of money borrowed in terms of this Act for
any purpose other than the purpose specified under sub-article (1)
may only be done in such manner and for such purpose as the
House of Representatives may by resolution determine.
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
[CAP. 502.
FIRST SCHEDULE
Loan Facility Agreement entered into in Brussels
on the 8th May, 2010
Added by:
XVIII. 2011.5,
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GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
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OF LOANS TO THE HELLENIC REPUBLIC
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[CAP. 502.
SECOND SCHEDULE
Loan Facility Agreement entered into in Brussels
on the 14th June, 2011
Added by:
XVIII. 2011.5,
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OF LOANS TO THE HELLENIC REPUBLIC
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OF LOANS TO THE HELLENIC REPUBLIC
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
[CAP. 502.
THIRD SCHEDULE
Intercreditor Agreement entered into in Brussels
on the 8th May, 2010
Added by:
XVIII. 2011.5,
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OF LOANS TO THE HELLENIC REPUBLIC
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Added by:
III. 2012.3,
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GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
FOURTH SCHEDULE
Amendment to the EUR 80 000 000 000
Loan Facility Agreement
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
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OF LOANS TO THE HELLENIC REPUBLIC
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
[CAP. 502.
FIFTH SCHEDULE
Loan Facility Agreement entered into in Brussels
on the 19 December 2012
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Added by:
VI. 2013.3.
CONFORMED COPY
AMENDMENT TO THE EUR 80 000 000 000
LOAN FACILITY AGREEMENT
between
THE FOLLOWING MEMBER STATES WHOSE CURRENCY IS THE EURO:
KINGDOM OF BELGIUM, IRELAND, KINGDOM OF SPAIN, FRENCH
REPUBLIC, ITALIAN REPUBLIC, REPUBLIC OF CYPRUS, GRAND DUCHY
OF LUXEMBOURG, REPUBLIC OF MALTA, KINGDOM OF THE
NETHERLANDS, REPUBLIC OF AUSTRIA, PORTUGUESE REPUBLIC,
REPUBLIC OF SLOVENIA and REPUBLIC OF FINLAND
and
KfW, acting in the public interest, subject to the instructions of and with the benefit
of the guarantee of the Federal Republic of Germany,
as Lenders
and
THE HELLENIC REPUBLIC
as Borrower
THE BANK OF GREECE
as Agent to the Borrower
19 DECEMBER 2012
THIS AMENDMENT (the "Amendment") TO THE EUR 80000 000 000 LOAN
FACILITY AGREEMENT DATED 8 MAY 2010
is made by and between:
(A) The following Member States whose currency is the euro: Kingdom of
Belgium, Ireland, Kingdom of Spain, French Republic, Italian Republic, Republic of
Cyprus, Grand Duchy of Luxembourg, Republic of Malta, Kingdom of the
Netherlands, Republic of Austria, Portuguese Republic, Republic of Slovenia and
Republic of Finland, represented by the European Commission (hereinafter referred
to as the "Commission") and KfW acting in the public interest, subject to the
instructions of and with the benefit of the guarantee of the Federal Republic of
Germany (hereinafter referred to as the "Lenders" and each, a "Lender");
(B) The Hellenic Republic (hereinafter referred to as "Greece" or the
"Borrower"), represented by the Minister of Finance; and
(C) The Bank of Greece acting as agent on behalf of the Borrower (hereinafter
referred to as the "Borrower's Agent"), represented by the Governor of the Bank of
Greece.
PREAMBLE
Whereas:
(1) A EUR 80 000 000 000 Loan Facility Agreement dated 8 May 2010
(hereinafter referred to as the "Agreement") has been made between the Lenders and
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CAP. 502.]
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
the Hellenic Republic and the Bank of Greece. Loans amounting to EUR 52 900 000
000 have been disbursed and the undrawn amounts were cancelled in April 2012.
(2) A first Amendment to the Agreement was signed on 14 June 2011 in
accordance with the conclusions of the Heads of State and Government of the Euro
Area of 11 March 2011 that, in view of the commitments undertaken by Greece in
the context of the adjustment programme, the interest rate on its loan would be
adjusted by 100 basis points and the maturity of all loans will be increased to 7.5
years.
(3) A second Amendment to the Agreement was signed on 27 February 2012 in
order to further extend the maturity of all Loans to 15 years and to reduce the
interest rate margin to 150 basis points.
(4) On 27 November 2012, the Eurogroup stated that the Lenders had agreed to
a lowering by 100 basis points of the interest rate charged to Greece on the loans
provided in the context of the Greek Loan Facility. Member States under a full
financial assistance programme will not be required to participate in the lowering of
the interest rates for the period in which they receive themselves financial
assistance. An extension of maturity of the loans by 15 years was also decided.
(5) The Lenders in all their functions, rights and obligations under this
Agreement act through and are represented by the Commission. The Lenders have
agreed to act in a coordinated manner and to channel communications to the
Commission through the Eurogroup Working Group Chairman.
(6) The Federal Republic of Germany ("Germany") has designated KfW as
Lender on behalf of Germany for the purposes of the Agreement.
Accordingly, references to KfW as Lender refer to KfW acting in the public
interest, subject to the instructions of and with the benefit of the guarantee of
Germany also for the purposes of this Amendment.
Now, therefore, the parties hereto have agreed as follows:
1.
AMENDMENTS TO TIlE LOAN FACILITY AGREEMENT
The Agreement, as amended on 14 June 2011 and on 27 February 2012, is hereby
amended as follows:
(1)
In Article 3, paragraph 3, point (d) shall be replaced by the following:
"the term of the requested Loan which may not exceed thirty years from
the Disbursement Date of the Loan and the last day of which must be an
Interest Payment Date (as defmed below) (the "Term"); and".
(2)
In Article 5, paragraph 1, point (b) shall be replaced by the following:
"a margin equal to 50 basis points".
(3)
All other Articles remain unchanged.
2.
GOVERNING LAW AND JURISDICTION
(1) This Amendment and any non-contractual obligations arising out of or in
connection with it shall be governed by and shall be construed in accordance with
English law.
(2) The parties undertake to submit any dispute which may arise relating to the
legality, validity, interpretation or performance of this Amendment to the exclusive
jurisdiction of the Court of Justice of the European Union.
(3) Judgements of the Court of Justice of the European Union shall be fully
binding on and enforceable by the parties.
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
[CAP. 502.
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(4) The Lenders may enforce any judgement obtained from the Court of Justice
of the European Union, or other rights against the Borrower in the courts of the
country of the Borrower.
(5) The Borrower hereby irrevocably and unconditionally waives all immunity
to which it is or may become entitled, in respect of itself or its assets, from legal
proceedings in relation to this Amendment, including, without limitation, immunity
from suit, judgement or other order, from attachment, arrest or injunction prior to
judgement, and from execution and enforcement against its assets to the extent not
prohibited by mandatory law.
3.
ENTRY INTO FORCE AND ADDITIONAL PROVISIONS
(1) Following its signature by all parties, this Amendment shall enter into force
on the date on which:
(a) the Lenders have received the official notification in the form of the
Legal Opinion by the Legal Advisor to the State at the Ministry of
Justice, Transparency and Human Rights and the Legal Advisor to the
State at the Ministry of Finance in the form of Annex 1 that this
Amendment has been duly executed on behalf of the Borrower and all
of the Borrower's obligations in relation to this Amendment are valid,
binding and enforceable in accordance with their terms and nothing
further is required to give effect to the same; and
(b) the Commission has received a written confirmation from the
Eurogroup Working Group Chairman that all Lenders under their
national laws are duly authorised to be bound under this Amendment,
on which date this Amendment shall enter into effect and be binding on
and between the Borrower, the Borrower's Agent and all Lenders. The
Commission shall notify the Borrower, the Borrower's Agent and the
Lenders about the date of entry into force.
It is acknowledged and agreed that the authorization of a Lender to be bound
under this Amendment may be of provisional application in accordance with the
national laws and legislation of the relevant Member State.
(2)
The following transitional provisions shall apply:
(a) notwithstanding Article 1(2) of this Amendment the margin equal to
150 basis points shall continue to apply in relation to amounts due to the
Lenders that are under a full financial assistance programme by the
EFSF or EFSM until (and including) the Interest Period during which
the availability of financial assistance, as may be amended from time to
time, expires. Should a Lender enter a full financial assistance
programme by the ESM, EFSF or ESFM following the signature of this
Agreement the margin equal to 150 basis points shall apply in relation
to amounts due to such a Lender from (but excluding) the Interest
Period during which the Memorandum of Understanding concerning the
assistance programme was signed; and
(b) the margin foreseen in Article 1(2) of this Amendment shall apply
starting from (and including) the Interest Period which starts on 15
December 2012. In relation to all Interest Payment Dates that shall
occur between 15 March 2013 and the entry into force of this
Amendment the difference between (i) the interest that the Borrower
paid on any such Interest Payment Dates and (ii) the interest calculated
by applying the margin as specified in Article 1(2) of this Amendment
shall be compensated to the Borrower through an equivalent reduction
CAP. 502.]
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GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
of the interest due on the next Interest Payment Date, provided that this
Amendment enters into force at least thirty (30) calendar days prior to
it. If this Amendment enters into force less than thirty (30) calendar
days prior to an Interest Payment Date, the reduction shall occur on the
following Interest Payment Date. If the amount of the reduction exceeds
the interest due on a single Interest Payment Date, the remaining part
shall be compensated on the subsequent Interest Payment Date. The
Commission shall advise the Lenders, the Borrower and the Borrower's
Agent about the reduction.
(3) The Scheduled Principal Repayments specified in the Acceptance Notices
issued hitherto and in the Amendments to the Agreement dated 14 June 2011 and 27
February 2012 shall be modified and replaced by the Scheduled Principal
Repayments as set out in the Annex 2 of this Amendment.
(4) Any additional operational costs incurred by the European Commission
resulting from the implementation of this Amendment shall be covered by the
Borrower.
4.
EXECUTION OF THE AGREEMENT
This Amendment may be executed in any number of counterparts signed by one or
more of the parties. The counterparts each form an integral part of the original
Amendment and the signature of the counterparts shall have the same effect as if the
signatures on the counterparts were on a single copy of the Amendment.
The Commission shall promptly after the signature of this Amendment supply
conformed copies of the Amendment to each of the parties.
5.
INTERPRETATION AND ANNEXES
(1) Unless otherwise defined in this Amendment or the context requires
otherwise, capitalized terms used in the Amendment shall have the meaning given to
them in the Agreement.
(2)
The Annexes to this Amendment shall constitute an integral part hereof:
1.
2.
3.
Form of Legal Opinion.
Amended Scheduled Principal Repayments.
List of Contacts.
Done in Brussels on 19 December 2012 and in Athens on 18 December 2012.
HELLENIC REPUBLIC
as Borrower
Represented by
- signedYannis Stoumaras
Minister of Finance
The following Euro Area Member States
KINGDOM OF BELGIUM, IRELAND, KINGDOM
O F S PA I N , F R E N C H R E P U B L I C , I TA L I A N
REPUBLIC, REPUBLIC OF CYPRUS, GRAND
DUCHY OF LUXEMBOURG, REPUBLIC OF
MALTA, KINGDOM OF THE NETHERLANDS,
R E P U B L I C O F A U S T R I A , P O RT U G U E S E
REPUBLIC, REPUBLIC OF SLOVENIA and
REPUBLIC OF FINLAND as Lenders
represented by:
EUROPEAN COMMISSION
Represented by
- signedOlli Rehn
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OF LOANS TO THE HELLENIC REPUBLIC
[CAP. 502.
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BANK OF GREECE
KfW
as the Borrower's Agent
acting in the public interest, subject to the instructions
Represented by
of and with the benefit of the guarantee of the Federal
-signedRepublic of Germany
George Provopoulos
as Lender
Governor of the Bank of Represented by
Greece
- signedRita Geyennann
First Vice President
- signedHeider Mehlhorn
Vice President
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
CAP. 502.]
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ANNEX I
FORM OF LEGAL OPINION
(official letterhead of the Legal Advisor to the State at the Ministry of Justice,
Transparency and Human Rights and the Legal Advisor to the State
at the Ministry of Finance)
[place, date]
To: European Commission
[Insert address]
Re: Amendment dated (*) 2012 to the Loan Facility Agreement between certain
Euro Area Member States and KfW (as Lenders) and the Hellenic Republic (as
Borrower) and the Bank of Greece (as the Borrower's Agent) signed on 8 May 2010,
as amended on 14 June 2011 and on 27 February 2012 (the "Loan Facility
Agreement")
Legal Opinion
Dear Sirs,
In our capacity as the Legal Advisor to the State at the Ministry of Justice,
Transparency and Human Rights and the Legal Advisor to the State at the Ministry
of Finance, we refer to the above referenced Amendment and its Annexes which
constitute an integral part thereof (hereinafter together referred to as the
"Amendment") entered into between, amongst others, certain Euro Area Member
States and KfW (hereinafter referred to as the "Lenders") and the Hellenic Republic
(hereinafter referred to as the "Borrower") on [*] 2012.
We warrant that we are competent to issue this legal opinion in connection with
the Amendment on behalf of the Borrower.
We have examined originals of the Amendment. We have also examined the
relevant provisions of national and international law applicable to the Borrower and
the Borrower's Agent, the powers of signatories and such other documents as we
have deemed necessary or appropriate. Furthermore, we have made such other
investigations and reviewed such matters of law as we have considered relevant to
the opinion expressed herein.
We have assumed (i) the genuineness of all signatures (except the Borrower and
the Borrower's Agent) and the conformity of all copies to originals, (ii) the capacity
and power to enter into the Amendment of, and their valid authorisation and signing
by, each party other than the Borrower and the Borrower's Agent and (iii) the
validity, binding effect and enforceability of the Amendment on each party under the
laws of England.
Terms used and not defined in this opinion shall have the meaning set out in the
Loan Facility Agreement and the Amendment.
This opinion is limited to Hellenic law as it stands at the date of this opinion.
Subject to the foregoing, we are of the opinion that:
1.
With respect to the laws, regulations and legally binding decisions
currently in force in the Hellenic Republic, the Borrower is by the
execution of the Amendment by [insert name], Minister of Finance,
validly and irrevocably committed to fulfil all of its obligations under
it.
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
[CAP. 502.
103
The Borrower's execution, delivery and performance of the
Amendment: (i) have been duly authorised by all necessary consents,
actions, approvals and authorisations; and (ii) have not and will not
violate any applicable regulation or ruling of any competent authority or
any agreement or Treaty binding on it.
Nothing in this Amendment contravenes or limits the rights of the
Borrower to make punctual and effective payment of any sum due for
the principal, interest or other charges under the Amendment.
The Amendment is in proper legal form under Hellenic laws for
enforcement against the Borrower and the Borrower's Agent. The
enforcement of the Amendment would not be contrary to mandatory
provisions of Hellenic law, to the ordre public of the Hellenic Republic,
to international treaties or to generally accepted principles of
international law binding on the Borrower.
It is not necessary in order to ensure the legality, validity or
enforceability of the Amendment that it be filed, recorded, or enrolled
with any court or authority in the Hellenic Republic.
No taxes, duties, fees or other charges imposed by the Hellenic
Republic or any taxing authority thereof or therein are payable in
connection with the execution and delivery of the Amendment and with
any payment or transfer of principal, interest, commissions and other
sums due under the Amendment.
No exchange control authorisations are required and no fees or other
commission are to be paid on the transfer of any sum due under the
Amendment.
The signataure of the Amendment by [insert name], Governor of the
Bank of Greece legally and validly binds die Borrower’s Agent.
The choice of English law as goaverning law for the Amendment is a
valid choice of law binding the Borrower in accordance with Hellenic
law.
The Borrower has legally, effectively and irrevocably submitted to the
exclusive jurisdiction of the Court of Justice of the European Union in
connection with the Amendment and any judgement of this court would
be conclusive and enforceable in the Hellenic Republic.
Neither the Borrower nor any of its property are immune on the grounds
of sovereignty or otherwise from jurisdiction, attachment - whether
before or after judgment - or execution in respect of any action or
proceeding relating to the Amendment.
The execution of the Amendment has been made upon the provisions of
[insert reference].
Under the Hellenic law, no ratification from Parliament is required for
this Amendment in order to be effective and binding, [Insert reference].
In conclusion, the Amendment has been duly executed on behalf of the
Borrower and all the Borrower’s obligations in relation to the
Amendment and the Loan Facility Ageement, as amended by the
Amendment, are valid, binding and enforceable in accordance with their
terms and nothing further is required to give effect to the same.
Legal Advisor to the State at the Ministry of Justice, Transparency and Human
Rights and the Legal Advisor to the State at the Ministry of Finance.
104
CAP. 502.]
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
ANNEX 2
AMENDED SCHEDULED PRINCIPAL REPAYMENTS
The Scheduled Principal Repayment of the Loans shall take place
on each Interest Payment Date as follows:
Interest Payment Dates
15/06/2020
15/09/2020
15/12/2020
15/03/2021
15/06/2021
15/09/2021
15/12/2021
15/03/2022
15/06/2022
15/09/2022
15/12/2022
15/03/2023
15/06/2023
15/09/2023
15/12/2023
15/03/2024
15/06/2024
15/09/2024
15/12/2024
15/03/2025
15/06/2025
15/09/2025
15/12/2025
15/03/2026
15/06/2026
15/09/2026
15/12/2026
15/03/2027
15/06/2027
15/09/2027
15/12/2027
15/03/2028
15/06/2028
15/09/2028
15/12/2028
15/03/2029
15/06/2029
15/09/2029
15/12/2029
15/03/2030
15/06/2030
15/09/2030
15/12/2030
Principal Repayments (€)
181.250.000,00
262.500.000.00
262.500.000.00
343.750.000.00
480.000.000.00
588.750.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
[CAP. 502.
Interest Payment Dates
Principal Repayments (€)
15/03/2031
15/06/2031
15/09/2031
15/12/2031
15/03/2032
15/06/2032
15/09/2032
15/12/2032
15/03/2033
15/06/2033
15/09/2033
15/12/2033
15/03/2034
15/06/2034
15/09/2034
15/12/2034
15/03/2035
15/06/2035
15/09/2035
15/12/2035
15/03/2036
15/06/2036
15/09/2036
15/12/2036
15/03/2037
15/06/2037
15/09/2037
15/12/2037
15/03/2038
15/06/2038
15/09/2038
15/12/2038
15/03/2039
15/06/2039
15/09/2039
15/12/2039
15/03/2040
15/06/2040
15/09/2040
15/12/2040
15/03/2041
15/06/2041
15/09/2041
TOTAL
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
661.250.000.00
480.000.000.00
398.750.000.00
398.750.000.00
317. 500.000.00
181.250.000.00
72.500.000.00
92,900.000.000,00
105
106
CAP. 502.]
GOVERNMENT BORROWING AND GRANTING
OF LOANS TO THE HELLENIC REPUBLIC
ANNEX 3
LIST OF CONTACI'S
For the Lenders and Commission:
European Commission
Directorate General Economic and Financial Affairs Unit L-4 “Lending, Borrowing, Accounting and Back Office”
L-2920 Luxembourg
Attention: Head of Unit
Fax: +352 4301 33459
SWIFT BIC: EUCOLULL
With copy to the ECB:
European Central Bank
Kaiserstrasse 29
60311 Frankfurt am Main, Germany
Attention: Head of Financial Operations Services Division
Fax: + 49 69 1344 6171
SWIFT BIC: ECBFDEFFBAC
For the Borrower:
Ministry of Finance
General Accounting Office
37. E. Venizelos str.
101 65 Athens. Greece
Attention: 23rd Division
Fax: + 30 210 3338205
With copy to the Borrower’s Agent:
Bank of Greece
21. E. Venizelos Str.
102 50 Athens. Greece
Attention: Government Financial Operations & Accounts Department Government
Accounts Section
Fax: + 30 210 3221007
SWIFT BIC: BNGRGRAA
AI explanation based on the official legal text. Indicative, not a substitute for legal advice.