Eurozone Agrees EUR 750 Million of Debt Relief Measures for Greece

Business » FINANCE | July 7, 2020, Tuesday // 17:33| Views: | Comments: 0
Bulgaria: Eurozone Agrees EUR 750 Million of Debt Relief Measures for Greece pixabay.com

The eurozone agreed on Tuesday new debt relief measures for Greece worth about 750 million euros ($840 million) as part of the country’s post-bailout program.

The money comes from profits made by eurozone central banks on Greek government bonds and the reduction to zero of the step-up interest margin on certain eurozone loans to Athens this year, said the European Stability Mechanism (ESM), the bloc’s rescue fund./Ekathimerini

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