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Image header Agence Europe
Europe Daily Bulletin No. 12996
Contents Publication in full By article 20 / 25
NEWS BRIEFS / Greece

Implementation of €747.72 million in new Greek debt relief

19/07/2022 (Agence Europe)The Board of Directors of the EFSF Facility, which preceded the European Stability Mechanism (ESM), announced on Tuesday 19 July the abolition, for the period January-June 2022, of the step-up margin on interest rates applied to loans granted in 2012 to Greece. This measure will further reduce Greece’s debt service by €103.3 million. The ESM will also transfer €644.42 million to Athens, which corresponds to the profits made during six months by the...

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BEACONS
EXTERNAL ACTION
SECURITY - DEFENCE
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
Russian invasion of Ukraine
EU RESPONSE TO COVID-19
INSTITUTIONAL
NEWS BRIEFS