Positive for the solvency of Greece the agreement Eurogroup, says rating agency Moodys
Positive for the solvency of Greece (credit positive) considers the credit rating agency Moody's the agreement reached by the Eurogroup on the Greek debt relief, such as the Financial Times said.
In particular, Moody's notes: "The agreement reduces the risk of a pressure on liquidity, especially in the short term because the amortization and interest payments of Greece from May to December this year amounted to 7.5 billion. Euro.
"The Eurogroup, also gave a road map for debt relief, which is positive for the solvency, as it marks a growing consensus among the countries - members of the eurozone and institutions, namely the IMF and the European Commission on the debt relief. "
"Although the statement does not mention details of the form of debt relief, it is clear that substantial relief may be considered only after the program ends in 2018 and provided Greece's capacity to successfully implement the terms of the program.
Positive for the solvency of Greece (credit positive) considers the credit rating agency Moody's the agreement reached by the Eurogroup on the Greek debt relief, such as the Financial Times said.
In particular, Moody's notes: "The agreement reduces the risk of a pressure on liquidity, especially in the short term because the amortization and interest payments of Greece from May to December this year amounted to 7.5 billion. Euro.
"The Eurogroup, also gave a road map for debt relief, which is positive for the solvency, as it marks a growing consensus among the countries - members of the eurozone and institutions, namely the IMF and the European Commission on the debt relief. "
"Although the statement does not mention details of the form of debt relief, it is clear that substantial relief may be considered only after the program ends in 2018 and provided Greece's capacity to successfully implement the terms of the program.
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