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Greece: Plotting a Path to a Post-Bailout Economy

Mar 13, 2018 | 16:37 GMT

(Stratfor)

As the Greek bailout program approaches its conclusion, Athens and its lenders are starting to think about the future. On March 12, the head of the Eurogroup, Mario Centeno, announced that Greece will receive around 5.7 billion euros ($7.1 billion) in bailout money by the end of the month. More importantly, he said that the lenders will discuss measures to alleviate Greece's massive debt burden during their next meeting in April. The debt relief measures could include a longer repayment schedule, linking debt repayments to Greece's economic growth and giving Athens the profits that the European Central Bank made on Greek bonds. Greece and its creditors are expecting a deal on debt measures to be made by the time the bailout program expires in August....

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