Staikouras: 6 billion euro measures for Greece from the Eurogroup – “Green light” for the last tranche

“The Eurogroup, in today’s meeting, took a landmark decision for Greece”, points out in a statement Christos Staikouras.

“A decision that recognizes that, following the exit from the regime of enhanced supervision last August, a new chapter has opened for the country and our economy – despite multiple, exogenous crises – records a positive course and auspicious prospects. A decision that certifies that Greece, amidst adverse – internationally – conditions, continues with consistency and efficiency the implementation of reforms and the implementation of the National Recovery and Resilience Plan. A decision that rewards the intensive and systematic work of society and the state, through the activation of the last installment of the agreed Greek debt relief measures.

Measures totaling €6 billion, including:

• the release of the eighth and final tranche of the profits of the European central banks from the purchase of Greek bonds (the so-called ANFA/SMP), which – it should be noted – was pending since the 1st half of 2019,
• the nullification, for the 2nd half of 2022, of the additional margin (step-up margin), the integration of which is foreseen in the interest rate of loans granted by the EFSF to Greece, and
• the permanent nullification – for the first time – of this margin, from 2023 onwards.

We continue – and will continue – to work with a plan, responsibility, trust in the capabilities of our country, but also full awareness of the difficulties, in order to make Greece even stronger in all aspects and its economy more dynamic, productive, extroverted and socially just” , concludes the Minister of Finance.

Read the News today and get the latest news.
Follow Skai.gr on Google News and be the first to know all the news.