IMF: Maturity of European Greek loans must be extended to 2080

Headlines crossed the wires from IMF on the Greek bailout:
Maturity of European Greek loans must be extended to 2080
Defer Greek payments on European loans to 2040
Must cap interest of ESM loans to Greece at 1.5%
With no debt relief Greek debt debt seen rising to 293.8% of GDP by 2060
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















