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Euro zone agrees 750 million euros of debt relief measures for Greece

Christian Fernsby ▼ | July 7, 2020
The euro zone agreed on Tuesday new debt relief measures for Greece worth about 750 million euros ($840 million) as part of the country’s post-bailout programme.
Greece
Debt relief   Greece
The money comes from profits made by euro zone central banks on Greek government bonds and the reduction to zero of the step-up interest margin on certain euro zone loans to Athens this year.

Topics: debt greece

That said the European Stability Mechanism (ESM), the bloc’s rescue fund.


 

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