Greek debt: These are the major scenarios about what will happen…

Already in the EuroWorkingGroup have discussed all of the potential around the Greek debt…
No longer be given the some form of relief, however, the european pluralism creates various obstacles, while the IMF is pushing in every direction.
According to the Daily journal this time and after two wide-ranging discussions at european level on ways of reducing the Greek debt, the only acceptable scenario is the simple normalization of the payments, a solution that only substantive solution to the issue of debt is not.
With the IMF to be the biggest obstacle for the european side at this time the prevalent scenario of settlement is the repayment of the IMF loans with funding from the ESM.
1. Normalization of repayments to the EFSF at triple the current average maturity of the debt
2. Adaptation of the strategy funding of the EFSF/ESM (versions and exchange rates)
3. Remove the growing difference in interest rates related to the loans of the second program used for the bond market
4. Repayment of IMF loans using unused funds from the program of the ESM (those earmarked for the recapitalisation of the banks
5. Market of bilateral loans (of the first memorandum) by using unused funds from the program of the ESM
6. Overhaul of the profile of the debt of the EFSF
7. Return of the profits of the eurosystem on the Greek bonds in Greece (about 8 billion. euro up to 2026)

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