ECONOMY

Minister gives money-back guarantee

The Finance Ministry intends to pay debts to the market amounting to some 8 billion euros by the end of the year, having already fulfilled obligations totaling 962 million euros and expecting to pay another 1.9 billion euros by the end of February.

Alternate Finance Minister Christos Staikouras pledged on Thursday that the government will pay debts amounting to 3.5 billion euros by the end of March as its agreement with its creditors provides for, rising to 8 billion by year-end.

However the state’s dues to the private sector had stood at 9.3 billion euros last November, a figure that does not include tax refunds, which have not yet been recorded.