Greece’s new rescue package forged by euro region leaders last month could be costly for German taxpayers even if the Greek government repays all the aid, Wirtschaftswoche business weekly reported, citing a study.
German taxpayers faced a 38.6 billion-euro ($55.1 billion) bill if Greece returned all aid by 2020, said the magazine in a pre-released report citing the Berlin-based DIW economic institute. If Greece pays off just a third of the aid the bill would rise to 65.5 billion euros ($93.5 billion), the magazine said.
