The participation of the euro area as a possible third rescue program for Greece could be between “40,000 to 50,000 million euros”, of the estimated 80,000 million, according to a European official said Tuesday.
The participation of the euro area as a possible third rescue program for Greece could be between “40,000 to 50,000 million euros”, of the more than 80,000 million Estimated said a European official said Tuesday.
The third rescue program was encrypted between 82,000 and 86,000 million euros for three years. The participation of the member countries of the euro zone would leave the European Stability Mechanism (ESM) bailout fund eurozone.
But the International Monetary Fund (IMF) will also participate in this possible third rescue, said Monday the president of the ESM, Klaus Regling.
“The IMF can not currently commit because Greece is in default with him. But once the problem solved again and the IMF will help reduce the amount of ESM “Regling insisted.
Part of the Greek privatization would also be used in this third program, for which negotiations will begin after several eurozone parliaments give their endorsement.
The political agreement reached on Monday morning in the euro area expected to Athens constitutes a trust fund to be fed from privatization to reach 50,000 million euros. Half of this amount would serve to recapitalize the banks and the other half to desendeudar the country.
With the country’s return to the debt market, which could happen within a time estimated at Brussels also reduce the amount of the bailout program.
ERP
No comments:
Post a Comment