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24.03.2018

Will Greece need new loans?

In connection with the effectiveness of anti-crisis measures taken by Greece, the country is likely to no longer need a credit line. Thus, if after the expiration of the period for which the anti-crisis plan was designed, the state will continue to follow the reforms, then credit support will not be required.

However, some politicians of the European Union and employees of Greek central banks believe that Athens will not be able to do without external financial support.

We remind you that since 2010, Greece has received 260 billion euros in the form of financial assistance from the euro area and the IMF. In the coming months, the finance ministers of the eurozone will study the question of whether Greece needs additional financial assistance.

A source: ELTOMA

Author: Victoria Ivantsova

Tags: Greece, Economy, Credit