Athens seeks €25bn loan facility

Article reports that Greece is seeking to reduce the cost of financing its bloated public debt by securing a swift decision, March 2010, from its eurozone partners on a €25bn stand-by facility of loans and guarantees.

ESO: Background information: Eurozone to agree Greek safety net http://www.europeansources.info/record/eurozone-to-agree-greek-safety-net/

Kathimerini, 15.3.10: Athens awaits EU assessment http://www.ekathimerini.com/4dcgi/_w_articles_politics_100003_15/03/2010_115624

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