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Athens Macedonian News Agency: News in English, 15-08-13

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] FinMin: If agreement is not voted today, I will have to request a bridge-loan
  • [02] Economy Minister: New refinancing framework necessary
  • [03] Greek budget primary surplus up in Jan-July

  • [01] FinMin: If agreement is not voted today, I will have to request a bridge-loan

    "I do not want to believe that there are powers in Greece that want to send us to a bridge-loan, stated Finance Minister Euclid Tsakalotos at his opening speech on Thursday at the parliament committees that convene to decide on the urgency of the voting of Greek government's agreement with the institutions on the country's financing.

    "We had the order to negotiate a new agreement. We did our duty and I believe that there should be no one who works for a bridge-loan. Tomorrow I must go to the Eurogroup meeting because the other eurozone countries parliaments are convening on the matter" he said adding that "If we do not have an agreement at the Eurogroup meeting, Finland will not vote and we will have to go to a bridge loan. Whoever wants to take the risk can vote against our request for fast-track procedures, he said.

    He also warned that if the agreement is not voted today he will be forced to accept the bridge-loan solution at the Eurogroup meeting on Friday.

    [02] Economy Minister: New refinancing framework necessary

    ANA/MPA---Economy Minister George Stathakis characterised the economy's new refinancing framework necessary, speaking on Thursday to the public broadcaster ERT "There is a strong possibility today's framework to reverse the conditions towards a more positive directions with positive sign regarding the crucial point of growth, the development of the economy", he said.

    According to 'ert.gr' website, the minister said that the high surpluses would mean severe cuts and underlined that "the allocation of the tax burdens will be fairer".

    [03] Greek budget primary surplus up in Jan-July

    ANA/MPA---The Greek budget showed a primary surplus of 3.53 billion euros in the January-July period this year from a surplus of 2.279 million euros in the corresponding period in 2014 and a budget target for a primary surplus of 2.988 million euros, announced the Finance Ministry on Thursday.

    State budget figures, on an amended cash basis, showed a deficit of 1.022 million euros in January-July, from a deficit of 1.763 million last year and a budget target for a shortfall of 1.375 million euros.

    Net budget revenue totalled 26.690 million euros in the first seven months of 2015, down 13.4 pct from targets, while regular budget net revenue totalled 24.654 million euros, down 14.8 pct from targets.


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