{"id":19104,"date":"2019-05-02T11:39:47","date_gmt":"2019-05-02T08:39:47","guid":{"rendered":"https:\/\/bestinsurance.gr\/a1\/?p=19104"},"modified":"2019-05-02T11:39:47","modified_gmt":"2019-05-02T08:39:47","slug":"efsf-approves-reduction-of-greeces-step-up-interest-margin","status":"publish","type":"post","link":"https:\/\/bestinsurance.gr\/a1\/archives\/19104","title":{"rendered":"EFSF Approves Reduction of Greece&#8217;s Step-up Interest Margin"},"content":{"rendered":"<h3>By\u00a0Paul Tugwell<\/h3>\n<h3>\n(Bloomberg) &#8212;\u00a0European Financial Stability Facility decided today to reimburse the EU103m step-up margin paid by Greece for the period between Jan. 1 and June 17, 2018, according to statement on EFSF website.<\/h3>\n<h3>\nEFSF also decided, for period between June 17 2018 and June 17 2019, to reduce to zero the 2% step-up margin that would otherwise be payable on certain EFSF loans<\/h3>\n<h3>\nThis will save Greece EU226m, while Greece\u2019s total benefit related to these decisions will amount to EU329m<\/h3>\n<h3>\nESM will make transfer of amounts equivalent to the income earned on SMP\/ANFA holdings, amounting to EU644.4m<\/h3>\n<h3>\nNOTE: April 3,\u00a0Greece Clears Debt-Relief Cash Hurdle With EU Commission<\/h3>\n","protected":false},"excerpt":{"rendered":"<p>By\u00a0Paul Tugwell (Bloomberg) &#8212;\u00a0European Financial Stability Facility decided today to reimburse the EU103m step-up margin paid by Greece for the period between Jan. 1 and June 17, 2018, according to statement on EFSF website. EFSF also decided, for period between June 17 2018 and June 17 2019, to reduce to zero the 2% step-up margin<\/p>\n","protected":false},"author":1,"featured_media":17054,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[],"class_list":["post-19104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/19104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/comments?post=19104"}],"version-history":[{"count":1,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/19104\/revisions"}],"predecessor-version":[{"id":19105,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/19104\/revisions\/19105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media\/17054"}],"wp:attachment":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media?parent=19104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/categories?post=19104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/tags?post=19104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}