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Thursday, May 21, 2015

Greek Sovereign Debt at €312.6 Billion

Greek central government debt fell to 312.701 billion euros at the end of the first quarter of 2015, down from 324.127 billion at the end of December 2014, official figures showed on Wednesday. The Public Debt Management Agency released the figures to the Greek Parliament at the request of SYRIZA MP Yiannis Stathas. The lawmaker wanted to be informed how much does the country owe to the International Monetary Fund (IMF), the European Central Bank (ECB), the European Union (each country separately), and other financial institutions. As of April 30, the total central government debt was 312.679 billion euros. Treasury bills: 14,943,985,150 Bonds: 39,380,106,240 ANFA Bonds: 7,309,342,288 Bonds held by the ECB: 19,874,176,528 Loans from the Bank of Greece: 4,265,072,006 Specific transnational foreign loans (European Investment Bank): 7,094,520,535 Other foreign loans: 5,081,086,468 EFSF loans: 130,909,000,000 Loans from euro area member-states: 52,900,000,000 IMF loans: 20,634,653,567 Short-term loans (repos): 10,286,954,529 Total: 312,679,022,950 The same document stated that the net amount to be paid for amortization from May 1 until the end of 2015 is 13.1 billion euros, since payments that occur during the same year (25.2 billion) are considered refinanced debt. Respectively, interest to be paid until the end of the year amounts to 3.1 billion euros. It should be noted that under the current agreement, the loan will be repaid in total at the end of 2057.


READ THE ORIGINAL POST AT greece.greekreporter.com