Mardas: We pay our obligations in time

Mardas: We pay our obligations in time

Athens, June 18, 2015/ Independent Balkan News Agency

By Spiros Sideris

There are, however, many factors that influence the liquidity of the economy

Deputy Finance Minister Dimitris Mardas left open the possibility on Wednesday for the payment of the tranche of EUR 1.56 billion to the International Monetary Fund.

Speaking on MEGA television, Mardas was asked whether the government would pay the grouped installments to the IMF at the end of the month.

He reiterated that the basic principle of the government is to pay its obligations in time, however, he clarified that this also depends on other parameters.

“We seek to pay in the time the obligations we have, based on the data we have”, he said, adding that until June 30 there are many factors that may affect the liquidity of the economy.

He appeared puzzled about the fact that TABs have not disciplined with the law and have not deposited their cash reserves at the commercial banks to the Bank of Greece. On this basis, Mardas revealed that municipalities and prefects have so far submitted to the Bank of Greece just 290 million euro.