×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
03
Mar 2026
weather symbol
Athens 12°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

Gold climbs to $5,380 as investors boost demand for “safe havens”

Goldman Sachs warning: Gas prices in Europe could surge 130% in worst-case scenario

Tensions in the Middle East triger Athens Stock Exchange: General index opens nearly 4% down

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

Mourning at funerals of schoolgirls killed in Israeli airstrike in Iran – See video

March 3, 2026

Mitsotakis briefs Androulakis over Middle East tensions: Repatriation of Greeks continues to be a challenge

March 3, 2026

Praise from Britons for Greece’s support to Cyprus as it bolsters regional security amid questions over UK response

March 3, 2026

Ghost Pitùr: Who is the “Phantom” who erases graffiti from walls at night

March 3, 2026

Gold climbs to $5,380 as investors boost demand for “safe havens”

March 3, 2026

Greece turned into Hollywood: 1980s Hydra rebuilt from scratch for Brad Pitt

March 3, 2026

Lebanese army pulls back following Israeli troop incursion in the south – Strikes also target Tehran (updated)

March 3, 2026

Patriot transferred to Karpathos: Dendias and F-16s in Cyprus, Frigates Kimon and Psara Underway

March 3, 2026
All News

> World

Mourning at funerals of schoolgirls killed in Israeli airstrike in Iran – See video

Outrage and grief as families mourn dozens of young victims in southern Iran

March 3, 2026

Lebanese army pulls back following Israeli troop incursion in the south – Strikes also target Tehran (updated)

March 3, 2026

Life inside the shelters of Tel Aviv: Evacuation within minutes and empty streets (video)

March 2, 2026

Court ruling bans classification of AfD as “confirmed far-right” in Germany

March 2, 2026

The horrifying story in Beit Shemesh where an Iranian missile turned a shelter into a death trap in seconds

March 2, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα