Agreement reached on Greek debt relief – Headlines hitting wires

By FXStreet Euro zone Ministers and the IMF have reached an agreement on Greek debt relief and reforms, covering all issues, including need to support Greece and its debt.

Headlines

Euro zone deal with Greece covers all issues, including need to support Greece, including debt – French fin min Sapin

Deal struck with Greece -Sapin

Greek debt deal with euro zone agreed in precise manner in short-, medium- and long-term -Sapin

IMF is part of euro zone deal with Greece – Sapin

Euro area approves 10.3bn EUR payout to Greece (Valdis Dombrovskis of the EU)

Euro zone, IMF debt deal for Greece in short term envisages smoothing of EFSF loan repayments

Debt del for Greece in short term also envisages reducing interest rate risk

From Eurogroup President Jeroen Dijsselbloem:

There is full agreement of lenders on package of Greek reforms
Says Euro zone bailout fund will provide 10.3bn EUR to Greece in several disbursements

Greek programme is fully back on track

Says Euro zone ministers, IMF agreed on debt measures for short-, medium- if needed and additional steps for the long-term

In the short-term the measures are to do with debt management
In medium term Greek debt measures are scheduled for mid-2018 upon implementation of all bailout reforms

Says Greece is to get back profits made by …read more

Source:: FX Street