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Tag Archives: extension

€1.403bn paid for 20-year extension of Athens Airport concession

Athens International Airport (AIA) SA paid the full amount agreed for the extension of the Athens “Eleftherios Venizelos” airport concession by 20 years. The payment of €1.403 billion, including VAT, concludes the process for extending the concession contract. According to estimates, the total amount that the Greek state stands to …

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IMF-WB meetings rule out extension of Greek program, says Moscovici

The IMF and World Bank Spring Meeting have put an end to speculation about a possible extension of Greece’s third financial assistance programme, European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Tuesday in an interview with Agence Europe. The French Commissioner said he was in favor of …

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Turkish court extends custody for two Greek soldiers in Edirne high security prison

The prosecutor of the court in Edirne – Adrianoupolis – extended on Tuesday noon the custody for the two Greek soldiers currently in high security prison of the city. Their lawyers had submitted a release application. Now they will be allowed to submit a new release application after one month, …

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US extends Visa Waiver Program for Greeks for one more year

US authorities extended the visa waiver program for Greece until March 31, 2018. Greek nationals wishing a trip to the US will not need a visa. According to the National Herald in New York, the participation of Greece in the US Visa Program Suspend (US Visa Waiver Program -VWP) has …

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Minister: Greek Gov’t to ask 2-month extension for IMF’s repayment

“Greek government will ask for a two-month extension to repay the International Monetary Fund,” if not enough revenues collected, Alekos Flabouraris, State Minister responsible for government coordination said on Thursday. Speaking to private Mega TV, Flambouraris said that “there is a liquidity problem, but we believe that with the measures …

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Greece to seek 6-month extension of loan agreement and other conditions

Greece will submit a request to extend its loan agreement tomorrow Wednesday, Greek media reported citing government sources Tuesday evening. The Greek request to the eurogroup will be based on the “Eurogroup draft of February 11th”, note some media, while others claim that it will be based on the “negotiation …

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EU FMs agree by consensus to extend Russia’s sanctions for six months

EU countries have agreed by consensus to extend Russia sanctions for six months, expand their blacklist, and prepare further economic sanctions if need be, Euobesrver and several Greek media report.The sancton were ending in March, with the extnesion they will be valid until next September. Greece had earlier voiced reservations, …

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E-mails come and go and it looks as if the Troika will extend Greece’s bailout program

E-mails land in the inboxes of the Troika and the Greek government seeking an agreement on what austerity measures the debt-ridden Greeks will have to take in order to fill the fiscal gap of 2.5 billion euro stated by the country’s international lenders EU, IMF and ECB. The latste Troika …

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A new Troika Demand? Austerity of €10 Billion In a Single Year?

If it’s true, this is, indeed, insane. According to Ta Nea newspaper, Greece’s lenders’ representatives want that almost the whole package of austerity measures will be implemented in 2013 and won’t be distributed more or less equally to 2013 and 2014. The new Troika’s request is allegedly that additional 2 billion …

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Reuters: IMF, EU Clash Over Greece’s Bailout prospects

 Madame and Madame have totally different points of view on Greece’s bailout. Christine Lagarde, head of  IMF, favors a new written off of Greek debt saying that the bailout program has failed. OK, she doesn’t say it so clear, but that’s the substance. Angela Merkel, German Chancellor and head of …

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