BUSINESS

Eurozone agrees 750 million euros of debt relief measures for Greece

TAGS: Economy, EU

The eurozone agreed on Tuesday new debt relief measures for Greece worth about 750 million euros ($840 million) as part of the country’s post-bailout program.

The money comes from profits made by eurozone central banks on Greek government bonds and the reduction to zero of the step-up interest margin on certain eurozone loans to Athens this year, said the European Stability Mechanism (ESM), the bloc’s rescue fund. [Reuters]

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