The Board of Directors in the meeting of 15th May 2012
decided that, in the course of the current period, and until the formation of a
government as a result of the forthcoming elections, it will not take any
decisions which commit the Fund.
The decision has been taken, despite the Chairman’s efforts
to find a way for the Board to continue making decisions on the invitations to
express interest.
The observers to the Board of Directors representing the
European Union and the Eurozone expressed their concern about this decision.