Thursday, April 9, 2015

Soon, Greece must pay back loan rates – FAZ – Frankfurter Allgemeine Zeitung

      

 
 
 
 
 
     
 
 
 
 
 
 
 
 
         

 
 
 
 
 
          Greek flags in front of the Parliament in Athens.
     

 
                                              

 
 
     
     
     
         
         
                                                             

This hurdle seems taken: According to information from the Greek Government has paid their loan rate of around 450 million euros to the International Monetary Fund on Thursday

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This was long disputed. Government members had publicly denied that they pay the money, pensions went before them. Other members of the government had asserted, Greece will pay. On Wednesday, the news came: Private lenders had the government borrowed again a strong billion for half a year, wanted more than the International Monetary Fund. Maybe the money came largely from Greek banks.


                         
         
         
                                                             

And so it goes for weeks, back and forth. And no one really knows how long the country the money is still. One thing is certain: the next payment due dates are already at their

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Next week the country has to repay a total of 2.4 billion euros in short-term loans in the following week are around 200 million euros in interest on the outstanding bonds.


                         
         
         
                                                                                                                                                                                                  

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The biggest chunk however, comes in June and July. Between June 12 and July 20 are on repayments totaling 13 billion euros – that’s more than seven billion is outstanding to the aid package by Europeans and the International Monetary Fund yet. Around three billion euros would have to pay back Greece to the ECB, which has announced that it will buy more Greek bonds. Whether this transaction works, no one can say today. Or just be sure that Greece comes up in the summer.


                         
         
         
                                                                                   

 
  

 
 
 
                       

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Bald Greece must pay back

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Greece has paid its latest installment debt to the International Monetary Fund. But the next payment dates come.

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