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Wednesday, May 24, 2017

No Greek debt relief needed if primary surplus above 3 percent/GDP for 20 years: paper

BERLIN Greece will not need any debt relief from euro zone governments if it keeps its primary surplus above 3 percent of GDP for 20 years, a confidential paper prepared by the euro zone bailout fund, the European Stability Mechanism (ESM), showed.


READ THE ORIGINAL POST AT www.reuters.com