ATHENS Men's Adidas Ultra Boost Clima Grey UK , Aug. 20 (Xinhua) -- The first tranche of the new Greek bailout program, the third in five years, was disbursed on Thursday on time allowing Athens to repay its maturing debts to international creditors, the finance ministry announced.
The announcement came as Prime Minister Alexis Tsipras was holding a meeting with his close aides and advisors to examine the prospect of calling snap general elections this autumn, government sources said.
Following the ratification of the new 86-billion-euro-worth (96 billion U.S. dollar) Men's Adidas Ultra Boost Clima Carbon Orchid Tint UK , three-year bailout by the European Support Mechanism on Wednesday evening, the first loan installment of a total of 26 billion euros was paid out, the national Greek news agency AMNA reported.
About 13 billion euros were allocated to a special account at the Bank of Greece to automatically repay a 3.4-billion-euro debt to the European Central Bank (ECB) due on Thursday, a 2.2 billion euro debt to the International Monetary Fund (IMF), and the rest to pay off the 7 billion euro bridging loan ESM granted to the country in July.
Furthermore Adidas Ultra Boost Uncaged Black Boost Black UK , 10 billion euros in the form of European Financial Stability Facility bonds will be used to recapitalize Greek banks, while one billion euros will be used for the payment of overdue obligations of the Greek government to the private sector.
The development clears the way for the premier to decide on his next steps in the domestic political scene, analysts in Athens noted.
According to government sources, Tsipras was considering requesting a new confidence vote in his government soon and, in case of failure to win back his party's "rebels" Men's Adidas Ultra Boost ATR Mid Triple White UK , will call snap elections for September or October.
With dissidents within the ruling Syriza party openly blasting the government of making a U-turn on the anti-austerity platform that brought the party to power last January, early polls seem almost inevitable, according to cabinet ministers, opposition parties, and local media.
According to government sources Adidas Ultra Boost ATR Mid Trace Khaki Brown Men's UK , Tsipras was thinking about calling a ballot as early as Sept. 13.
The second idea is to hold the elections later in October so that the government passes some bailout policies through the parliament first, on time for the first assessment by creditors that will pave the way for the discussion on the Greek debt relief.
In order to ensure that the measures will be ratified by the assembly with no problems from Syriza MPs (members of the parliament), the premier could close the plenary so that the draft bills are put to vote in reduced summer parliamentary sessions where he can control the appointment of Syriza deputies.
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ESM approves Greek 86-bln-euro bailout plan
BRUSSELS, Aug. 19 (Xinhua) -- The European Stability Mechanism (ESM) on Wednesday approved Greek third bailout package Adidas Ultra Boost 3.0 Night Cargo Men's UK , unlocking the first disbursement of 13 billion euros (14.46 billion U.S. dollars) to Greece a day before it has to repay a 3.2-billion-euro loan to the European Central Bank.
According to a statement released by the ESM, the board of governors, comprising the finance ministers of the euro zone's 19 countries, approved a proposal for a financial assistance facility agreement (FFA) with Greece, under which the ESM will provide up to 86 billion euros in financial assistance to Greece over three years. Full story
Fresh doubts raised over privatization of 14 Greek airports
ATHENS Adidas Ultra Boost 3.0 Multicolor Men's UK , Aug. 19 (Xinhua) -- Fresh doubts were raised on Wednesday after the government finalized a 1.23-billion-euro deal (1.36 billion U.S. dollars) with the German consortium Fraport-Slentel on Tuesday to privatize 14 regional airports in Greece.
The sale of the airports' operation rights for four decades was the first privatization to be concluded under the third bailout that was ratified by the Greek parliament on Friday.
WASHINGTON, Aug. 18 (Xinhua) -- Golden State Warriors center Andrew Bogut and Cleveland Cavaliers point guard Matthew Dellavedova, who encountered in last season NBA Finals, led their Australia teammates to qualify for next year's Olympic basketball tournament.
Australia beat New Zealand 89-79 Tuesday in an Oceania qualifying game to earn its place in Rio de Janeiro. Bogut scored 10 points, grabbed 11 rebounds and had two blocks and Cleveland Cavaliers point guard Matthew Dellavedova added 14 points. Chicago Bulls forward Cameron Bairstow had 10 and San Antonio Spurs guard Patty Mills scored nine for Australia.
LAGOS Reigning Champ X Adidas Ultra Boost 3.0 Primeknit Men's White Grey UK , Sept. 4 (Xinhua) -- Nigeria has invited 50 boxers to camp for preparation for the World Boxing Championships in Kazakhstan in October, an official said on Wednesday.
Secretary of the the Nigeria Boxing Federation (NBF) Tunde Laguda made the invitation in Lagos, the West African commercial hub that the federation's recent National Open was held to rank and select the boxers.
He said five boxers were selected for each of the 10 categories of the competition scheduled to run from Oct. 11-27 in Alamty.
The secretary did not mention the names of the selected boxers, noting that the invitation is still open because states with good boxers but did not feature at the National Open in Lagos can still forward their names for rating based on their pedigree.
A woman works at a stall during the 14th China Expo (Jordan) in Amman, Jordan Adidas Ultra Boost 3.0 Limited Black Men's UK , on Sept. 6, 2017. The expo kicked off here on Wednesday, attracting 208 exhibitors from China. (XinhuaMohammad Abu Ghosh)
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