Advertisement
Australia markets closed

  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     

  • AUD/USD

    0.6504
    +0.0016 (+0.24%)
     

  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     

  • OIL

    82.92
    -0.44 (-0.53%)
     

  • GOLD

    2,328.70
    -13.40 (-0.57%)
     

  • Bitcoin AUD

    102,334.63
    +864.14 (+0.85%)
     

  • CMC Crypto 200

    1,435.82
    +11.72 (+0.82%)
     

Eurozone agrees short-term debt relief for Greece: statement

AFP
There are deep divisions between European creditors led by Germany, and the IMF, which believes that the Europeans' expectations of Greece's economic performance are too ambitious

Eurozone finance ministers on Monday approved short-term measures to relieve Greece's colossal debt mountain in the wake of its huge 86-billion-euro bailout, a statement said.

"The Eurogroup endorsed today the full set of short-term measures" including extending the repayment period and an adjustment to interest rates, they said in the statement.