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Friday, April 25, 2014

Greece Asks for Debt Relief, New Terms For Troika Loans

Citing a primary surplus, Greece on April 25 made an official request for relief from the 240 billion euros ($330.7 billion) it owes international lenders, although what form that would take was unclear. The government previously said it wanted either a cut in how much it owes to the Troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) or for a lower interest rate and a longer time to repay.

The post Greece Asks for Debt Relief, New Terms For Troika Loans appeared first on The National Herald.


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