Greek debt relief measures worth more than 970 million euros were activated on Thursday following a decision by EFSF and ESM, ANA reports.
In particular, the Board of Directors of the European Financial Stability Facility (EFSF) approved the return of 103 million euros paid by Greece between January 1 to 17 June 2018, in relation to an interest rate hike in the second loan memorandum the country had signed. It also approved the suspension of a similar increase related to the period June 17, 2018-June 17, 2019, which will save the country 226 million euros. The total benefit to Greece for both decisions amounts to 329 million euros.
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