www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
World / Europe

Euro zone, IMF to cut long-term Greek debt

(Agencies) Updated: 2012-11-27 11:07

BRUSSELS - Euro zone finance ministers and the International Monetary Fund clinched agreement on reducing Greece's debt on Monday in a breakthrough to release urgently needed loans to keep the near-bankrupt economy afloat.

After 12 hours of talks at their third meeting in as many weeks, Greece's international lenders agreed on a package of measures to reduce Greek debt by 40 billion euros ($51.94 billion), cutting it to 124 percent of gross domestic product by 2020.

Euro zone, IMF to cut long-term Greek debt

A Greek flag flutters in front of the moon in Athens Nov 26, 2012. Euro zone finance ministers and the International Monetary Fund began their third attempt in as many weeks to release emergency aid for Greece on Monday, with policymakers saying a write-down of Greek debt is off the table for now. [Photo/Agencies]

In a significant new pledge, ministers committed themselves to take further steps to lower Greece's debt to "significantly below 110 percent" in 2022 -- the most explicit recognition so far that some write-off of loans may be necessary from 2016, the point when Greece is forecast to reach a primary budget surplus.

"When Greece has achieved, or is about to achieve, a primary surplus and fulfilled all of its conditions, we will, if need be, consider further measures for the reduction of the total debt," German Finance Minister Wolfgang Schaeuble said.

Eurogroup Chairman Jean-Claude Juncker said ministers would formally approve the release of a major aid instalment needed to recapitalise Greece's teetering banks and enable the government to pay wages, pensions and suppliers on Dec 13.

Greece will receive up to 43.7 billion euros in stages as it fulfills the conditions. The December instalment will comprise 23.8 billion for banks and 10.6 billion in budget assistance.  

The IMF's share, less than a third of the total, will only be paid out once a buy-back of Greek debt has occurred in the coming weeks, but IMF Managing Director Christine Lagarde said the Fund had no intention of pulling out of the programme.

To reduce Greece's debt pile, ministers agreed to cut the interest rate on official loans, extend their maturity by 15 years to 30 years, and grant Athens a 10-year interest repayment deferral.

They promised to hand back 11 billion euros in profits accruing to their national central banks from European Central Bank purchases of discounted Greek government bonds in the secondary market.

They also agreed to finance Greece to buy back its own bonds from private investors at what officials said was a target cost of around 35 cents in the euro.

European Central Bank President Mario Draghi said on leaving the talks: "I very much welcome the decisions taken by the ministers of finance. They will certainly reduce the uncertainty and strengthen confidence in Europe and in Greece."

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 久久国产精品免费看 | 国产午夜精品久久理论片小说 | 欧美亚洲综合另类在线观看 | 亚洲成aⅴ人片在线观 | 亚洲精品第一区二区三区 | yy6080福利午夜免费观看 | 美女黄频免费观看 | 亚洲精品国产精品国自产 | 一级做a爱过程免费观看 | 精品a视频 | 99热久久国产综合精品久久国产 | 久久.com| 男女在线免费视频 | 国产激情一级毛片久久久 | 国产性较精品视频免费 | 亚洲精品中文字幕在线 | 免费一级欧美大片在线观看 | 精品国产_亚洲人成在线高清 | 久久精品久久久久 | 亚洲乱码国产一区网址 | 韩国视频一区 | 国产成人tv在线观看 | 日韩美女一级毛片a | 99久久精品费精品国产一区二 | 免费看一级做a爰片久久 | 国产日比视频 | 一区二区三区在线免费看 | 不卡午夜 | 亚洲天堂网在线视频 | 亚洲欧美精品一区 | 精产网红自拍在线 | 天天躁夜夜躁狠狠躁2024 | 欧美高清一区二区三 | 成人日韩在线观看 | 国产麻豆入在线观看 | 久草在线看片 | 俄罗斯美女在线观看一区 | 深夜做爰性大片中文 | 国产一区二区三区在线看 | 草久在线视频 | 亚洲九九香蕉 |