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Rehn: EU to soon approve extension for Greek loans

Δημοσίευση 8 Δεκεμβρίου 2010, 11:35 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Rehn: EU to soon approve extension for Greek loans
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European countries will soon approve an extension of the repayment schedule for 110-billion-euro bailout loans to Greece, European Commissioner for economic and monetary affairs Olli Rehn said in Brussels on Tuesday. The Commissioner said this would help Greece overcome difficulties in refinancing its debt.

European countries will soon approve an extension of the repayment schedule for 110-billion-euro bailout loans to Greece, European Commissioner for economic and monetary affairs Olli Rehn said in Brussels on Tuesday. The Commissioner said this would help Greece overcome difficulties in refinancing its debt.

During a press conference after the end of the ECOFIN Council in Brussels, Rehn repeated that the EU finance ministers had agreed on aligning the maturities of the financing of Greece to that of Ireland and asked the European Commission to look into the issue.