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Athens Macedonian News Agency: News in English, 15-03-13

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

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

CONTENTS

  • [01] Arrears settlement to bring about 1.5 bln euro revenues, Stratoulis says
  • [02] Greece pays 2nd part of IMF loan due in March

  • [01] Arrears settlement to bring about 1.5 bln euro revenues, Stratoulis says

    The settlement of arrears to the State in 100 installments will bring revenues of 1.5 billion euros to the state coffers this year, Alternate Social Insurance Minister Dimitris Stratoulis on Friday said in an interview with ANA-MPA.

    "It is the most improved settlement ever implemented in the country regarding the arrears of the small and medium sized enterprises and self-employed. This settlement aims at boosting the finances of the social security funds," Stratoulis said.

    According to the Finance ministry's estimates, the settlement will bring revenues of 1.46 -1.5 billion euros this year. A second target is that this settlement will give a breather to the small, very small and medium sized companies and the self-employed. This way we will change the recession climate and help the economy restart.

    Asked on a German newspaper's report that the Greek government is looting the coffers of the social security funds, Stratoulis underlined: "Our government has not touched the social security reserves and it has pledged to start gradually restoring their looting."

    The full interview is available for subscribers at ANA-MPA website.

    [02] Greece pays 2nd part of IMF loan due in March

    Greece on Friday paid 348 million euros for the repayment of the second part of the loan to the International Monetary Fund (IMF) that falls due this March, following a decision by the Public Debt Management Agency (PDMA).

    Last week, the country repaid the first 310 million euro installment of the IMF loan, while the next two installments are due on March 16 (580 million euros) and March 20 (350 million euros).


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