ESM approves 7.5 bln euro disbursement to Greece

ΣΧΕΤΙΚΑ ΑΡΘΡΑ

IPTO outlines benefits of the Greece-Cyprus-Israel electrical interconnection

EU Commission to buy 12 firefighting aircraft, Greece among hosting countries

FM Gerapetritis on NATO as a source of security for Greece and the EU

The ESM approved on Friday the disbursement of a 7.5 billion euro loan tranche to Greece, according to a statement posted on Twitter.

“ESM Board of Directors approves 7.5 billion euro disbursement to Greece,” the statement said. The disbursement of Greece’s 7.5-billion-euro tranche is expected to be made at the start of the next week, the head of the European Stability Mechanism (ESM) Klaus Regling said during a press conference in Luxembourg.

He said it is the first sub-tranche of the second installment, totaling 10.3 billion euros.

ANA-MPA, Athens