Seeking Alpha

Greece to seek debt relief at eurozone meeting

  • Greece plans to ask the eurozone to ease the country's debt burden at a meeting today of the bloc's finance ministers in Brussels.
  • Greece's Yannis Stournaras is expected ask for loan repayments to be extended to 50 years from 30 years and for lower interest rates on some of the nation's debt.
  • The requests would come after Greece achieved a primary debt surplus in 2013 for the first time in a decade, and after it auctioned €3B of five-year bonds in April. However, Greece's debt and economic forecasts are rosier than those of its creditors.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: