ESM to approve the disbursement of 2 bln euro tranche on Monday

23 November 2015
98 Views

The disbursement of the 2 billion euro loan subtranche and the 10 billion euros for the recapitalisation of Greek banks is expected to be approved on Monday.

A senior official that participates in the negotiation between the economic staff and the representatives of the institutions made that statement last week.

The European Stability Mechanism (ESM), which will take the relevant decision, is expected to convene later in the day on the sidelines of the Eurogroup meeting.

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