Greece Issues $6.6 Billion in Bonds for Hospital Debt

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Greece will issue 5 billion euros ($6.6 billion) in non-interest bearing bonds to suppliers of state hospitals to settle debt for the period from 2007 to 2009.

In addition to the bonds, for equipment and pharmaceutical suppliers, 1.15 billion euros will be allocated to cover remittances owed to hospitals from various Greek social security funds in 2010, according to a statement on the Health Ministry website.