×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
22
Apr 2026
weather symbol
Athens 16°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

FinMin doubts that SYRIZA government would have funds to govern

Where will they find the money without international creditors pumping an additional 7 billion euros into the Greek economy?

Newsroom January 13 08:35

The Greek Ministry of Finance issued a statement claiming that the main opposition Radical Left Coalition (SYRIZA) would not have the figures to run the country from March onwards if it does not continue with the reforms program. The Ministry of Finance believes that the public sector could not gather over 4-5 billion euros from T-bills were the government to sever its agreement with its international creditors.

Current economic data for 2015 shows that the new government will need to find solutions for financing needs worth 17-22 billion euros to cover salaries and pensions as long as tax targets are met.

Bonds worth 4.6 billion euros mature in the first quarter while 31 billion euros mature in total for 2015. For this reason, it will be difficult for Greece to meet its obligations without a 7.2 billion injection to funds expected from the troika of Greece’s international lenders from the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF).

ECO

>Related articles

Schinas: Greek priorities in the framework of the CAP 2028-2034

Surplus higher than the target, which support measures are “locked in”

Social Tourism: applications for 300,000 beneficiaries start today – Detailed procedure

The Public Sector will need to make payments in February, the same month when Greece has to pay up interest for its 2-billion-euro debt. Another 1.5 billion euros will need to be disbursed in March so that the country can pay the first of three outstanding installments owed to the IMF. More installments, of the same height, are due in June and September.

Problems for the government are expected to escalate in July and August when the government’s economists need to find 17.585 billion euros to cover maturing bonds of five and 10 years duration.

Without aid from Greece’s international creditors, the government will have limited options in order to cover its demands.

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

RealPolls Survey: New Democracy at 30.6% – What citizens say about the “parties” of Tsipras and Karystianou and the scenario of early elections

April 21, 2026

From Traditional to Very Now: Dining Across Naxos in 2026

April 21, 2026

Vance’s visit to Islamabad postponed: Talks with Iran “up in the air”

April 21, 2026

The stomach of an Egyptian mummy concealed a copy of the Iliad – Archaeologists were stunned (photos)

April 21, 2026

Security of Russians in Transnistria is under threat, says Russia’s Security Council secretary

April 21, 2026

Commission for Turkey: It has a responsibility as a candidate country to align itself with EU values

April 21, 2026

Pakistan still awaits Iran’s official response to negotiations with the US

April 21, 2026

Lifting of immunity and the unusual suspects, Panagopoulos…took Nikos for a ride, Peristeris’ EYDAP deal, and shipping’s gold vein

April 21, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα