Portugal have to Pay debt of 4,700 million Dollars to I.M.F

Portugal has paid about 4,700 million euros of debt it still had with the International Monetary Fund (IMF) because of the financial rescue of 2011, which has allowed it to save 100 million in interest.
The Portuguese Finance Minister, Mario Content, reported on the payment last tranche of debt at a press conference in Lisbon, in which he explained that the advance repayments executed in the last three years allowed a total saving of 1,160 million euros.

Centeno explained that the loan granted by the IMF - with an interest rate of 4.3% - was “expensive” compared to the rates at which Portugal financed in the debt markets, so the reimbursements represent “significant savings”. “
This final reimbursement had already announced by the Portuguese Prime Minister, Antonino Costa, at the end of November, and was allowed last week by the European Stability Mechanism.

Lisbon closed the financial rescue program in May 2014 after three years under the severe change program agreed with the troika for a loan from the IMF and the European Union (EU).

The debt with the EU, they have not yet settled which, amounts to almost 52 billion euros.

Popular posts from this blog

Modification of Ford Shelby GT500 by markizin

Image
On the road, the Shelby GT500 demonstrates Ford's continued commitment to high-performance vehicles and global product development.  In addition to many performance and improvements both inside and outside, the fuel efficiency of Shelby GT500 on the highway is estimated at 2 miles per gallon. Shelby's outdoor induction system uses a conical air filter rather than a flat plate closure to minimize air restrictions. This method allows more air to be pumped through the engine, resulting in more power generation and greater engine efficiency. Cold air intake provides cooler air directly into the air box, helping to increase the strength of the horse. The intake must move the Cobra Snake signal to the other side of the network for maximum airflow. The Shelby GT500 is equipped with an ultra-compact 5.4-liter supercharged V-8 supercharged engine that is expected to produce 540 horsepower and a 510-foot torque. Re-rush to 6,250 rpm. The aluminum brake ball cover not only...
Read Full post »

Amazon Jeff Bezos Getting Separation

Image
They set the marriage of the world’s most extravagant couple to detonate taking all things together out war after the rich person they discovered Jeff Bezos Opens Another Window. undermining his significant other of 25 years with the life partner of a Hollywood tycoon, Hot-blooded author of online retail Goliath Amazon has two coordinated writer spouse Mackenzie Bezos with curvaceous magnificence Lauren Sanchez Opens Another Window., whose spouse, Patrick White-move, is one of Hollywood’s most dominant headhunters. Bezos a self-depicted “family man” has been whisking his special lady off to intriguing goals on his $65 million private fly, sending her classless messages and sexual selfies including one hot picture too express to even think about printing here and having mystery meet at palatial private homes. The ENQUIRER followed Bezos, who turns 55 on Jan. 12, and mystery darling Sanchez crosswise over five states and 40,000 miles, followed them in private streams, sw...
Read Full post »

Unsolved And Unexplained Riddles In History

Image
We as a whole love a decent riddle, a significant number of which are marvelous–some renowned, some of which get next to zero acknowledgment. Throughout mankind’s history, there are questions that can’t clarify at all. Along these lines, how about we investigate the absolute most strange occasions since forever: The area of Genghis Khan’s tomb The boss of the Mongol Domain, Genghis Khan, passed on in 1227. He requested to covered in a grave with no marker or sign. Hundreds of years after the fact, this didn’t prevent archeologists from finding the tomb., they could not do until the point they found Khan’s royal residence in 2004, where analysts trust they may be near finding where this old image of intensity covered. Why Stonehenge exists Stonehenge is an ancient landmark in Wiltshire, Britain. Each stone stands 13 feet high and 7 feet wide. They worked it between 3000 B.C. also, 2000 B.C. There have been various hypotheses regarding why this arrangement exists. They use...
Read Full post »