On Monday 5 December, eurozone finance ministers enshrined three types of measures to applied in the short-term to lighten Greece’s sovereign debt. In an unrelated move, negotiations on the second monitoring mission on the Greek bailout will continue with a view to finalisation by the end of 2016.
Set out in a Eurogroup declaration in May (see EUROPE 11557), the following short-term debt-easing measures have been drawn up by the European Stability Mechanism (ESM), which holds more than...