GREECE SUCCESSFULLY COMPLETES A THREE-YEAR EUROZONE BAILOUT PROGRAMME WORTH 61.9BILLION EUROS

After what seemed to be the biggest bailout in global financial history totaling more than 260 Euros, Greece would be paying loans off for several decades.

After what seemed to be the biggest bailout in global financial history totaling more than 260 Euros, Greece would be paying loans off for several decades. But for the first time in eight years, the country can borrow at market rates. The country successfully completed a three-year Eurozone bailout program worth 61.9billion Euros designed to tackle its debt crisis. The 61.9billion Euros was provided by the European Stability Mechanism (ESM) in support of the Greek Governments efforts to reform the economy and recapitalize banks.