All
 

 

Just in:  

You are here: Home»World»Business & Economy»Budget approval will secure aid fund release: Greek FM

Greek-Finance-Minister-YannATHENS: Greek Finance Minister Yannis Stournaras made a last minute plea to parliament on Sunday to adopt the 2013 austerity budget, saying it would assure the release of aid funds needed to prevent the country from going bankrupt.

 

Minutes ahead of a key vote on the budget, Stournaras told parliament that "with a positive vote ... no one can say that Greece has not held to its commitments".

 

"I assure you in the most categoric manner that the tranche (of aid funds) will be released in an imminent fashion," he said.

 

The budget which includes draconian cuts must pass for Greece to have any chance of unlocking a 31.5 billion euro ($40 billion) tranche of bailout funds from its three international creditors -- the European Union, the International Monetary Fund and the European Central Bank.

 

Copyright AFP (Agence France-Presse), 2012


 



 
Index Closing Chg%
Arrow DJIA 16,643.01 0.07
Arrow Nasdaq 4,828.32 0.32
Arrow S&P 1,988.87 0.06
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,298.53 0.17
Arrow CAC-40 4,675.13 0.36
Arrow Nikkei 19,136.32 3.03
Arrow H.Seng 21,612.39 1.04
Arrow Sensex 26,392.38 0.61





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln