Institute of International Finance (IIF) said that the exchange of bonds will help to reduce the Greek foreign debt by 13.5 billion euros and 90 percent of the local and foreign holders of Greek bonds are expected to be attracted in the process.
During the very hot days the content of ozone in the atmosphere rises sharply. This type of air pollution causes serious problems for people with respiratory problems, children and elderly people.
Greece received 158 billion euros aid by 2020. 109 billion euros is the package from the eurozone countries and the International Monetary Fund. Another 38 billion euros will come from the participation of private owners of Greek government bonds.
Today's economic crisis has revealed that behind the mask of apparent democracy, there hides a group of people in every sector of the economy in Greece, which believes that the country belongs to them.
The strike of taxi owners caused inner turmoil in the ruling party. 21 lawmakers opposed the actions of the transport minister and led to the convening of a meeting next Tuesday to discuss the developments.
Now, all figures in the Union are convinced that Greece is unable to deal with the internal reforms to reduce the budget deficit and at the same time to reduce the foreign debt. There is only one way - debt restructuring.
One of the most successful American bands excited the Greek fans for two hours and a half during a concert, which Jon Bon Jovi said he has been waiting for 20 years.