Wednesday 10 August 2022

Dutch contribution to Greek loan will be €5bn, says minister

The Netherlands’ share of the €110bn rescue package for Greece worked out by the EU and IMF will amount to around €5.5bn, ‘possibly a little less’, finance minister Jan Kees de Jager told reporters on Sunday.


Eurozone members and the IMF finalised the three-year bail-out package to rescue Greece’s struggling economy at the weekend. The EU will provide €80bn in funding.
De Jager said it was vital that Greece was fully committed to the agreement which contains ‘tough measures’. It is not only a question of making spending cuts but ‘taking care the economy turns round so every euro can be paid back,’ he was reported as saying by ANP.

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