Head of the Eurogroup Jeroen Dijsselbloem: the deal includes a €50 billion Greece-based fund

Market news

13 July 2015

Head of the Eurogroup Jeroen Dijsselbloem: the deal includes a €50 billion Greece-based fund

The head of the Eurogroup Jeroen Dijsselbloem said on Monday that the deal includes a €50 billion Greece-based fund that will privatise or manage Greek assets. €25 billion of this fund would be used to recapitalise Greek banks, he added.

European Central Bank (ECB) purchases €11.68 of public-sector assets last week

Credit Suisse said that the probability of a Greek exit from the Eurozone in the coming years is still 30%

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