€5.5bn of outstanding debts will be paid off in the next 18 months

30 June 2016
67 Views

The Alternate Minister of Finance Giorgos Houliarakis has announced that about 5.5 billion euros worth of state debts will gradually be paid off within the next 18 months.

According to the ministerial decision signed by Mr. Houliarakis, the central and general government debts towards third parties will be paid off by the end of 2017.

The Naftemporiki newspaper claims that the Ministry of Finance intends to set aside 3.5 billion in 2016 and a further 2 billion euros in 2017 for debts generated by ministries, hospitals, pension funds, local government and other public bodies.

You may be interested

The full IMF programme for Greece
FINANCE
shares10 views
FINANCE
shares10 views

The full IMF programme for Greece

makis - Jul 21, 2017

The IMF published its new programme on Greece on Thursday, which was approved on principle by the organisation’s board of…

President Pavlopoulos extends support to Kos Mayor
POLITICS
shares24 views
POLITICS
shares24 views

President Pavlopoulos extends support to Kos Mayor

makis - Jul 21, 2017

The President of the Hellenic Republic, Prokopis Pavlopoulos expressed his deepest sorrow for the victims of the Kos earthquake in…

Kos earthquake: Turkish victim identified as Sinan Kurtoglu
GREECE
shares27 views
GREECE
shares27 views

Kos earthquake: Turkish victim identified as Sinan Kurtoglu

makis - Jul 21, 2017

The name of the Turkish national killed in the earthquake on the island of Kos is Sinan Kurtoglu. According to…

Leave a Comment

Your email address will not be published.