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Austria Pays Almost € 300m in Greek Aid
Politics ♦
Published: March 16, 2013; 15:33 ♦ (Vindobona)
Eurosystem gives away profits from support operations of Greek government bonds. € 281m comes from Austria.
Austria Pays Almost € 300m in Greek Aid / Picture: © Vindobona.org
In November, when a new package for Greece was tailored, Finance Minister Maria Fekter announced Austria would only have to bear € 15m. According to her, it was the debits amounting from the extensions for payments and interest rate cuts in credits that were granted so far.
However, there no fuss was made about the major part. Eurosystem gives away the profits from support…
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