Greek Debt Talks: the Main Relief Measures Being Considered
- Greece likely to get extension on loans from second bailout
- Profits central banks made on Greek bonds may be returned
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Greek bailout talks are reaching the final stretch and creditors are debating what relief measures they can offer Europe’s most-indebted state to ease its financial burden and facilitate its exit from the latest lifeline.
Negotiations over the type, size and conditions of likely debt relief have been contentious, though all parties want to reach a final agreement by June 21, when euro-area finance ministers meet in Luxembourg. At stake is the country’s ability to meet its obligations over coming decades as well as whether markets perceive its debt as sustainable enough to invest in Greek securities again after the country’s bailout expires on Aug. 20.