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germany profits from greek crisis

“It can not be that the federal government with billions of revenues from the Greek interest the German budget recapitalize,” Kindler criticized. The saving is attributable, at least in part, to the crisis in Greece and other European countries. You also have the option to opt-out of these cookies. Merkel won’t support sanctions against Erdogan despite latest provocations, Golden Dawn Court: 13 years imprisonment for leadership, life for Fyssas’ murderer, Oruc Reis in Greek continental shelf, German FM cancels visit to Turkey, Golden Dawn Prosecutor: Life for Fyssas’ murderer, 13 years for party leadership, Crete: Murderer of US biologist Suzanne Eaton gets life sentence, Greece’s public sector unions on 24h strike for effective pandemic measures UPD, Trial of man charged with Suzanne Eaton’s heinous murder starts on Crete, Four earthquakes 4.1-5.2R rattle the island of Crete, Magda Fyssa is right: “Pavlos did it!” He brought down the Golden Dawn, Questions arise as Greece vows to “empty Lesvos of all refugees by Easter”, Greece’s Covidiot-parents hinder their children from attending school, Panting, disinterested Germany struggles to mediate between Greece and Turkey, The Palace where Alexander the Great was born revealed in “coastal” Pella, Full version of Greek language learning tool “staellinika” launched online, Archaeological Museum of Pella receives Traveler’s Choice Award 2020, Acropolis illuminated in a spectacular light show – Inauguration video, Greece’s Civil Aviation extends travel restrictions until Oct 25, “Greece is destination with highest sales,” says new Thomas Cook, England removes 5 Greek islands from quarantine list, Greece Civil Aviation extends travel restrictions until Oct 12, 2020, Meteor falls in the sea area between Evia and Aigina (video), Archaeological sites, museums in Greece open for August full moon, Delight for sky-watchers in July: The awesome Comet NEOWISE, Sarantaporo broadband project connects villages on remote mountains in central Greece, Greece records 436 new coronavirus cases, 7 more deaths, IMF on Greece: Weak recovery in 2021, unemployment 20%, primary surpluses from 2022, Alleged school teacher stabs dog in the middle of a street in Nikaia, Greece makes mandatory use of mask outdoors in crowded conditions, Greece coronavirus: 408 new cases, 6 more deaths; 71 patients died Oct 1-13, German BOSCH/SIEMENS close down historic Greek factory PITSOS, transfer it to Turkey, Greek Parliament budget office: “Draft state budget provisions uncertain”, Passenger traffic down 68% at Athens International Airport in September, Divorce finalized: Athina Onassis gets rid of unfaithful husband, pays him almost nothing, Second Tourist killed trying to take a selfie with Zakynthos Shipwreck – Poll, Roadmap of lockdown lifting in Greece: May 4 – begin of July, 2020 (UPD), International flight passengers to Greece must fill PLF prior to check-in, Greece reveals health protocols for flights and hotels in summer 2020. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Real estate abroad, overview where to invest and how? Read RT Privacy policy to find out more. Sven-Christian Kindler, a … In addition, there are interest profits of 400 million euros from a loan from the state bank KfW. © COPYRIGHT 2020 NEW EUROPE | ALL RIGHTS RESERVED. VideoDramatic footage shows flood destruction in India, 'Wake up, you've won a Nobel Prize' Video'Wake up, you've won a Nobel Prize', Sniffing out Covid-19. The Eurogroup is meeting today to approve the last bailout tranche for Greece and eventually take crucial decisions on a settlement of the Greek debt, before the country exits the 3. fiscal adjustment program in August. In 2010, eurozone countries bought €210bn of government paper, including Greek bonds, in order to provide greater liquidity to the EU's banks as the Greek debt crisis unfolded. Video, The battle over what's taught in US history class, Covid: Trump's son Barron had coronavirus, says first lady, Central Park: Amy Cooper 'made second racist call' against birdwatcher. Video. The profit was transmitted to the central Bundesbank and from there to the federal budget. Germany to return profits earned from Greek crisis. Social trading – What is it and How does it work? Those final ones would only be an issue in true extremis , … He also said it was a decision that had been taken by Eurogroup. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

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