Tagged: paid

ESM: “€7.5bn paid out to Greece by end of June if preconditions are met”

The European Stability Mechanism (ESM) has further elaborated on the decisions regarding the Greek that were reached at the recent Eurogroup, via an FAQ. According to the ESM, the first disbursement would amount to €7.5 billion, to be used for debt service obligations and the clearance of domestic arrears. Subsequent disbursements will be made after […]