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EU finalises 7 bln euro bridge loan for Greece, says debt ‘restructuring’ back on table

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The European Council has announced a 7.16 billion euro bridge loan for Greece.

Furthermore, the question of debt restructuring – not part of the deal reached between Athens and its creditors earlier this week – is now back on the table.

Valdis Dombrovskis, the EU Commissioner for the Euro said the issue “is certainly back on the agenda.”

Dombrovskis also said that “it was also a clear conclusion by the Euro Summit that there would be no nominal haircut (an agreed percentage reduction in the a…
READ MORE : http://www.euronews.com/2015/07/17/eu-finalises-7-bln-euro-bridge-loan-for-greece-says-debt-restructuring-back-on

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