Exposure to Greek loans is weighing heavily on minds in the eurozone, in Spain, Slovenia and Malta perhaps more than GermanyAs eurozone leaders meet in another effort to broker a deal between Greece and its creditors, those who have lent to the near-bankrupt country are asking if they will ever get their money back.Greece owes €323bn (£228bn) to a combination of official and private creditors, equivalent to more than 175% of its GDP. Much of that debt mountain was built up by Greece receiving bailout packages, funded in part by its eurozone neighbours. Related: Eurozone tells Greece not to expect debt relief any time soon #UK has limited exposure to #Greece around €1.3bn via IMF & €9.85bn indirectly via banking sector http://t.co/gkBZYPFIae“Will the IMF’s shareholders suffer losses if Greece does not repay?No, the IMF’s shareholders will not suffer losses. Continue reading...
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