ESM board to specify rules on short-term debt relief measures

EconomyProgramme Tags: Debt, ESM
Photo by MacroPolis
Photo by MacroPolis

The European Stability Mechanism (ESM) said on Thursday that its board of directors (BoD) will meet on January 23 to specify the rules of the short-term debt relief measures for Greece.

These rules include the pricing and funding of those measures ensuring that the related costs will only burden Greece and not the other ESM countries.

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