The Slovenia Times

For the Greece Loan and Lowering Interest Rate


As the changes follow those made in "other successful partner countries of the eurozone", Krizanic expects the National Assembly will pass them.

The interest rate has been reduced by 100 points to EURIBOR plus 200 basis points for loans up to three years and to EURIBOR plus 300 after three years.

Krizanic noted the rates were "high but manageable" and that Greece should be able to get the project of overhauling its finances through in the long run.

Eurozone leaders agreed in March on lowering the interest rates for their three-year Greece bailout package by 1 percentage point and to extend the loan repayment period from 3.5 years to 7.5 years.


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