needs Archives - Keep Talking Greece

Greece’s needs in wheat and maize met by EU imports, says minister

April 1, 2022 Economy 1

Greece has replaced imports from Russia and Ukraine from other markets, as have other supply chains, and there is no worry of food shortages, Agricultural Development and Food Minister Giorgos Georgantas said on Friday. The minister said that the two products imported in large quantities by Greece before the Ukraine …

IMF’s wrong forecasts increased Greece’s funding needs

February 20, 2017 Economy Comments Off on IMF’s wrong forecasts increased Greece’s funding needs

The International Monetary Fund (IMF) has made serious mistakes in the first memorandum, noted the chairman of Attica Bank and Greece’s former representative to IMF Panagiotis Roumeliotis speaking to Athens Macedonian News Agency. “The wrong forecasts increased Greece’s funding needs” he said while referring to the second review he estimated …

+++ Appeal: Volunteers, Food, Drugs, Items Donations for 2,000 stranded Refugees in Piraeus

February 29, 2016 Refugees, Very Mix 1

This is an urgent appeal by the Pan Piraiki Initiative Group of volunteers assisting refugees and migrants arriving at the port of Piraeus on daily basis. Today, Monday, February 29th 2016, there are more than 2,000 people, children, women, men, elderly awaiting to leave for the borders. They cannot. FYROM …

Greece’s banks recapitalization allegedly to cost €14bn and not €25bn

October 30, 2015 Economy 1

The amount of capital requirement for the recapitalization of Greece’s four systemic banks may fall much lower than estimated a couple of months ago. “The amount could be 14 billion euro,” Greek media report noting that “this creates optimism in the government and the Greek bankers that the recapitalization will …

BoG on recapitalization: Greek banks will need capital up to 6.4 bln euros

March 6, 2014 Economy 1

Greek banks will need additional capital of 6.382 billion euro, Bank of Greece said on Thursday. specifically, Eurobank will need €2.845 billion, National Bank of Greece €2.183 billion, Piraeus Bank €425 million, Alpha Bank €262 million, Attica Bank €397 million and €Panellinia Bank 169 million. “The additional capital requirements of …

Guardian: Greece doesn’t need another rescue package – it needs a way out

August 27, 2013 Economy 4

“Greece doesn’t need yet another rescue package – it needs a way out”: That’s a really wise conclusion amid the discussion of a third ‘rescue’ package of some 10 billion euro with the IMF pressing for another debt haircut and Germany vehemently rejecting such option. The strict austerity measures imposed …

Greek FinMin: Greece Has to Come Up with €3.5 Billion Revenues”Now!”

July 10, 2012 Economy 7

Greece’s newly appointed Finance Minister Yiannis Stournaras is in need of money. A lot of money. Precisely 3.5 billion euro. In state revenues. He needs this amount as soon as possible due to delays in the implementation of the bailout programme. Only with this money the imposed programme will come back …

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