Submitted by christian on Tue, 07/07/2015 - 12:30
- Comprehensive debt operation is required to return Greece to economic health.
- Greece needs either a debt write-down by 30% but even with debt relief, Greece’s debt ratio would still be at 142% GDP through 2022
- Greece needs maturity extensions to 40 years from 20 years currently
- Greece’s additional financing needs through 2018 total above € 60 billion
- Greece’s year-ahead financing needs alone total € 29 billion
- Imperative Eurozone covers at least € 36 billion in finance under highly concessional terms
