Greece seeks 3-year programme that could exceed 65 bln

EconomyProgramme

Greece officially requested on Wednesday a new 3-year programme from the European Stability Mechanism (ESM) and is expected to send to the institutions a detailed reform and measure agenda on Thursday.

Including interest payments of 17.2 billion euros over this 3.5 year period, Greeceā€™s debt-related funding needs stand at 47 billion.

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