Tuesday, March 24, 2015

State paid to ‘troika` interest of more than 280 million euros by … – RTP


 

 

 According to the DGO, Portugal paid 287.3 million euros in interest to international creditors (European Commission, International Monetary Fund and European Central Bank), which represents an annual increase of 34.1% since the same period 2014 the State disbursed 214.3 million euros in interest.
 

 Considering all direct debts, the interest expense and charges increased 50.5% in the first two months of 2015 and year on year, reaching 1.0667 billion euros at the end of February.
 

 The DGO justifies this change the fact that “most of the Treasury bond issues made in the last 12 months give rise to interest payments in February,” as well as “the increase in interest paid to the IMF, due to the increase in the premium which entered into force in May 2014, the depreciation of the euro and the payment of interest associated with the disbursements received in February and April 2014 “.
 

 
 

 
 

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