Eurogroup accepts Greek request on bond profits

Kathimerini English Edition | Dec 4, 2019 at 7:04 PM
  • Eurozone finance ministers on Wednesday approved the disbursement of 767 million euros from the profits of member-states’ central banks from Greek state bond holdings.
  • The actual payment of the proceeds will not happen before next year, following the approval of a series of eurozone national parliaments, most notably the financial affairs committee of the German Bundestag.
  • It remains unclear whether the change in the use of that cash will also concern the 767 million euros that will return to Greek coffers early next year.