the greece bullshit continue.... Politics are ... pffff that is crazy
Greece will be able to repay Friday 5 billion euros of short-term securities through fundraising conducted earlier this week to compensate for the delay of its donors EU and IMF to resume infusion Financial, said the Agency management of public debt (PDMA).
"Greece shall without problem with this term, it is the money," after raising 5 billion euros in the bond market at one and three months on Tuesday, told AFP a source of PDMA. Before this threat and to carry out this program, Greece, dry, had raised the risk of insolvency if EU and IMF paid him no new loans in time to ensure reimbursement.
This is the second time since August that the country must raise amounts outstanding short-term to meet its deadlines. Tuesday, it raised 4.062 billion euros in securities one and three months, then increased to 5 billion non-competitive bids at respective rates of 3.95% and 4.2%.
Deprived of access to markets to finance long-term indebted Greece proceeds every month to emissions of three to six months, but for sums not exceeding usual than 2 billion.
The Finance Minister Yannis Stournaras, but warned Tuesday that the financial acrobatics had their limits, warning against the risk "very high" bankruptcy of the country if EU and IMF continued to procrastinate to release the loan payment frozen since June .
Despite the adoption by Greece of a multi-year plan hardening and extending until 2016 as the rigor demanded its donors, the EU and IMF have returned to 20 November a decision on the resumption of the infusion, lack of success to agree on ways of ensuring term solvency of the country.
The IMF reiterated Thursday he felt he could have done to help Greece and said that it was "probably" the Europeans to take action to reduce the Greek debt at a "tolerable", then that Athens provides its surge to 190% of GDP in 2014.
Date excluding debt erasing the tracks considered to date include a lowering of interest rates paid by Greece and the takeover by the country of some of its debt discount.
The private sector for its part had agreed in March erasing debt of 107 billion euros.
Greece will be able to repay Friday 5 billion euros of short-term securities through fundraising conducted earlier this week to compensate for the delay of its donors EU and IMF to resume infusion Financial, said the Agency management of public debt (PDMA).
"Greece shall without problem with this term, it is the money," after raising 5 billion euros in the bond market at one and three months on Tuesday, told AFP a source of PDMA. Before this threat and to carry out this program, Greece, dry, had raised the risk of insolvency if EU and IMF paid him no new loans in time to ensure reimbursement.
This is the second time since August that the country must raise amounts outstanding short-term to meet its deadlines. Tuesday, it raised 4.062 billion euros in securities one and three months, then increased to 5 billion non-competitive bids at respective rates of 3.95% and 4.2%.
Deprived of access to markets to finance long-term indebted Greece proceeds every month to emissions of three to six months, but for sums not exceeding usual than 2 billion.
The Finance Minister Yannis Stournaras, but warned Tuesday that the financial acrobatics had their limits, warning against the risk "very high" bankruptcy of the country if EU and IMF continued to procrastinate to release the loan payment frozen since June .
Despite the adoption by Greece of a multi-year plan hardening and extending until 2016 as the rigor demanded its donors, the EU and IMF have returned to 20 November a decision on the resumption of the infusion, lack of success to agree on ways of ensuring term solvency of the country.
The IMF reiterated Thursday he felt he could have done to help Greece and said that it was "probably" the Europeans to take action to reduce the Greek debt at a "tolerable", then that Athens provides its surge to 190% of GDP in 2014.
Date excluding debt erasing the tracks considered to date include a lowering of interest rates paid by Greece and the takeover by the country of some of its debt discount.
The private sector for its part had agreed in March erasing debt of 107 billion euros.