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Greece to get second 109 billion euro bailout
Greece to get second 109 billion euro bailout
Sputnik International
Eurozone leaders agreed at an emergency summit on Thursday to give Greece a second bailout worth 109 billion euro ($155 bln) and a chance to resolve its deep... 22.07.2011, Sputnik International
2011-07-22T11:42+0000
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Greece to get second 109 billion euro bailout
Sputnik International
Eurozone leaders agreed at an emergency summit on Thursday to give Greece a second bailout worth 109 billion euro ($155 bln) and a chance to resolve its deep economic crisis. Banks and other private investors will contribute some 37 billion Euroto the rescue package by either rolling over Greek debt, swapping it for new bonds with lower interest rates, or selling the bonds back to Greece at a low price
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Greece to get second 109 billion euro bailout
11:42 GMT 22.07.2011 (Updated: 19:54 GMT 19.10.2022) Eurozone leaders agreed at an emergency summit on Thursday to give Greece a second bailout worth 109 billion euro ($155 bln) and a chance to resolve its deep economic crisis. Banks and other private investors will contribute some 37 billion Euro to the rescue package by either rolling over Greek debt, swapping it for new bonds with lower interest rates, or selling the bonds back to Greece at a low price.
Eurozone leaders agreed at an emergency summit on Thursday to give Greece a second bailout worth 109 billion euro ($155 bln) and a chance to resolve its deep economic crisis. Banks and other private investors will contribute some 37 billion Euro to the rescue package by either rolling over Greek debt, swapping it for new bonds with lower interest rates, or selling the bonds back to Greece at a low price.
