EU publishes Greece assessment, sees debt reprofiling
Posted by seumasach on July 15, 2015
“It must be emphasized that eurozone loans are not an issue for Greek debt sustainability because they have long grace periods … Greece is currently paying neither interest nor principal on the loans,” Dombrovskis told a news conference.
15th July, 2015
The European Commission published on Wednesday its assessment of Greece’s bailout request, taking a different view of Athens’s debt sustainability than the IMF, but also signaling a possibility of debt relief.