The German government estimates debt relief measures for Greece will cost around 34 billion euros over the next 10 years, depending on interest rate developments, a German newspaper reported Wednesday, citing a document from the Finance Ministry, Reuters reports.
“The volume of additional interest rate deferments over 10 years depends on actual interest rate developments and is currently estimated by the federal finance ministry to be around 34 billion euros,” the Frankfurter Allgemeine Zeitung newspaper quoted the ministry as noting in a written response to a parliamentary query.
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