World News Insights
1-3 Minute Gist

All Topics Group

Germany's total exposure to Greece in 2015 estimated at 90.6 billion euros in 2015, of which 53.4 billion euros in loans are not repayable till 2020 and 2024

07/06/2015

Standard & Poors estimate of the total exposure of Germany to Greece is about 90.6 billion euros. Since the bulk of this or 53.4 billion euros under bilateral and EFSF loans that do not begin repayment under 2 programs till 2020 and 2024 the losses are seen as manageable. This say experts could be covered by normal fiscal revenues over several years without having to raise taxes. This strengthens Angela Merkel's hand in any negotiations with Greece following the "no" vote in Greece on July 5, 2015.

Grouped Articles

Germany Has a Lot to Lose in a Greek Euro Exit

Wall Street Journal 07.06.2015

Merkel’s German Critics Say Greek Bailout Was Doomed From Start

Wall Street Journal 07.08.2015

Austere? Your word, not ours

Economist 07.19.2015

Eurozone Gives Greece Some Debt Relief as Bailout Nears End

WSJ 06.22.2018


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us