Greece exits the EU to strengthen supervision mechanism, is expected to repay 75% of loans in 2059

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 Titanium Media App news on August 20, local time on August 20, Greek Prime Minister Kyriakos Mitsotakis issued a statement saying that August 20, 2022 is a "historic day", after 2010-2018 After three consecutive bailouts in 2018, Greece will withdraw from the EU's enhanced supervision mechanism and can almost freely design its own fiscal policy in accordance with European fiscal rules.    Greece remains under supervision, which will continue until Greece repays 75 percent of the loan, which would happen in 2059 under current plans, the statement said. The agency will conduct an assessment of the Greek economy every six months rather than quarterly.

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