Greece officially in default: Eurozone stability fund
Eurozone stability fund
Brussels - Arab Today
Greece is officially in default but the declaration will have no immediate consequences, the eurozone's stability fund said in a statement Friday.
The European Financial Stability Facility (EFSF) declared "an event of default by Greece", but added that it had "decided not to request immediate repayment of its loans nor to waive its right to action".
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