Greece gets bailout repayment extension – finmin

ATHENS, Nov 29 (BestGrowthStock) – Greece will have until 2021 to
repay its 110 billion euro ($145.7 billion) EU/IMF bailout loan,
the country’s finance minister said on Monday.

In return, Greece will have to pay a higher fixed interest
rate of about 5.8 percent from 5.5 percent, George
Papaconstantinou told reporters.

“The decision is very important, it opens the way to return
to markets earlier than expected,” he said.
(Reporting by Lefteris Papadimas; Writing by Ingrid Melander)

Greece gets bailout repayment extension – finmin