WHO HOLDS GREEK DEBT?

Greece owes a total of 307 billion euros (or 177% of its GDP) broken down as follows:

1. European Financial Stability Facility (EFSF): € 141.8 billion or 46.2% of total Greek debt. Low interest rate of 1.5% on average
2. Bilateral Loans: € 52.9 billion or 17.2% of total Greek debt. France is owed € 11 billion and Germany € 15 billion. European governments are the most exposed (€ 141.8 billion + € 52.9 billion= € 184.7 billion). In 2012 European governments offered Greece 10 year loan without interest.
3. International Monetary Fund (IMF): € 32 billion or 10.4% of total Greek debt. IMF is a preferential creditor
4. European Central Bank (ECB): € 27 billion or 8.8% of total Greek debt. ECB is a preferential creditor
5. Markets (banks, funds, insurance): € 53 billion or 17.3% of total Greek debt. Already in 2010 they already granted Greece 70% on the value of their securities by making a gift to Greece of € 107 billion.

Loan maturity: Currently 30 year on average. Could be extended to 50 or 99 years.

Not much room to manoeuvre between creditors and new Greece government.