e-Asfalistiki

Ετικέτα: Greece

  • Greek state loans perhaps smaller than anticipated

    Greek state loans perhaps smaller than anticipated

    Crediting Greece’s improved economic performance due to the voted reforms, the head of the European Stability Mechanism, Klaus Regling, declared that the country might not need as much assistance as it was initially thought and would therefore required much less than the ESM’s limit of 86bn euros where unused funds could be used to repay other creditors.

    On the issue of debt relied Klaus Regling stated that it is subject to Greece’s fully implementing all reforms and Eurozone States unanimously agreeing. He also appeared optimistic about the conclusion of the third programme, provided the government does the required work.

    Greece is expected to finance itself by returning to the markets from August 2018, something the Greek Prime Minister Alexis Tsipras has reiterated last weekend to Die Welt and other European newspapers.

  • Danish eyes turn to Greek ports

    Shortly after the Greek prime minister, Alexis Tsipras, put his country’s two biggest ports Piraeus and Thessaloniki up for sale in his proposal of budget-enhancing measures submitted to creditors, the Danish company Maersk signalled its interest in the facilities.

    The Greek government said it has to have binding bids for the hubs by the end of October 2015.
    Cosco has been interested in acquiring the port of Piraeus for a while as part of its “One belt, one road” project to revive to silk route between Asia and Europe.