ESM approves €6.7 billion-euro tranche for Greece
The European Stability Mechanism (ESM) has approved the release of the €6.7 billion tranche for Greece as part of the bailout programme.
Of the total amount, 5.7 billion will be disbursed very soon, while the remaining 1 billion will be disbursed after the settlement of pending overdue debts by the state.
According to the ESM, disbursements for the repayment of arrears are dependent on Greece’s “satisfactory performance” regarding the decrease in its outstanding arrears with the funds that have already been disbursed.
You may be interested

Infectious Disease Committee ‘green light’ re-opening of high schools on February 1st – The measures from January 25th
makis - Jan 22, 2021The experts of the Committee of the Ministry of Health gave the “green light” on Friday for the opening of…

EU teleconference Summit: Concerns over Covid-19 mutations and delay in vaccines
makis - Jan 22, 2021PM Mitsotakis’ proposal for a European vaccination certificate, which would facilitate travel without the need for a coronavirus test for…

Crete is the most popular holiday destination for Brits
Panos - Jan 21, 2021Crete is the most popular holiday destination for this year’s tourist season for the Brits, according to online searches made in…