Greece Debt Free Donates Millions To Government

  • by XpatAthens
  • Thursday, 19 February 2015
Greece Debt Free Donates Millions To Government

The Greek government accepted a donation of 2.3 million euros (3.1 million U.S. dollars) worth of state bonds acquired by a non-profit group, the Finance Ministry said.

The Deputy Minister of Finance, Mr. Christos Staikouras proceeded to canceling the bonds, by deleting them, indeed, of the total public debt.

“We thank the non-profit organization Greece Debt Free for the strong symbolic initiative, such initiatives designate the enduring power of Hellenism.” the Finance Ministry said in a statement.

Greece Debt Free, is two organizations, but one movement. Greece Debt Free Inc. (USA) is a 501(c)(3) non-profit while it also operates a Greek non-profit.

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By Sotiria Nikolouli