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(Luxembourg) - The Board of Directors of the European Financial Stability Facility (EFSF) decided today to reduce to zero the step-up margin accrued by Greece for the period between 17 June 2022 and 31 December 2022, as part of the medium-term debt relief measures agreed for the country in 2018. The value of this eighth reduction amounts to €122.5 million. The Board of Directors also decided to reduce the step-up margin to zero from 1 January 2023 onwards. This concludes the reduction of the step-up margin under the medium-term debt relief measures.

Πόσο αποτελεσματικά έχει μέχρι στιγμής η Ελλάδα πλοηγηθεί σε ένα περιβάλλον πολλαπλών κρίσεων και πώς βλέπετε την ελληνική οικονομία φέτος καθώς η Ευρώπη και η Ευρωζώνη αντιμετωπίζουν κινδύνους ύφεσης; Ποια ήταν η κύρια σύστασή σας κατά την επίσκεψή σας;

Ta Nea: How effective has Greece been so far in navigating through an environment of multi crises and how do you see the Greek economy this year as Europe and the Eurozone are facing recession risks? What was your main recommendation during your visit?

Börsen-Zeitung: Frau Weiss, 2022 hat es einen deutlichen Renditeanstieg an den Anleihemärkten gegeben, wovon auch ESM/EFSF-Bonds betroffen waren. Wie sind Sie als Emittent mit diesem Renditeanstieg klargekommen? 

Börsen-Zeitung: Ms Weiss, there was a significant rise in yields on the bond markets in 2022, which also affected ESM/EFSF bonds. How did you as an issuer cope with this rise in yields?