×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
21
Dec 2025
weather symbol
Athens 15°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

2025, the year of revealing tax evasion: How digital audits via POS, IRIS and myDATA overturned decades-old practices

The Trump family invited to a Greek house in Davos – Contacts with Greek business leaders and a private dinner at the Cresta hotel

Payment and relief map for 2026: What applies to farmers, pensioners, tenants, landowners and employees

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

Mitsotakis to farmers: Yes to dialogue, but not to the unreasonable – their stance is unconstructive, they should think of our country

December 21, 2025

Closed streets today in Athens for the Athens Santa Run 2025

December 21, 2025

Retailers target turnover to exceed €4.5 billion in December

December 21, 2025

2025, the year of revealing tax evasion: How digital audits via POS, IRIS and myDATA overturned decades-old practices

December 21, 2025

The Trump family invited to a Greek house in Davos – Contacts with Greek business leaders and a private dinner at the Cresta hotel

December 20, 2025

Chain reactions from farmers’ protests – Booking cancellations of up to 50% in Thessaly and Epirus

December 20, 2025

Tsiaras’ statement on farmers’ demands: 74% have already been met, dialogue is a matter of responsibility

December 20, 2025

Rare video shows Domna Samiou teaching Cretan Christmas carols

December 20, 2025
All News

> Greece

Closed streets today in Athens for the Athens Santa Run 2025

From 09:00 to 11:00

December 21, 2025

Retailers target turnover to exceed €4.5 billion in December

December 21, 2025

Chain reactions from farmers’ protests – Booking cancellations of up to 50% in Thessaly and Epirus

December 20, 2025

Weather: Rain and drop in temperatures over the weekend – Unstable conditions through Christmas

December 20, 2025

Farmers remain unmoved: Blockades continue through Christmas, toll booths open over the weekend

December 20, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα