ESM, (2017), “ESM Board of Directors approves €0.8 billion disbursement to Greece for arrears clearance“, Press Release, 26 October
The Board of Directors of the European Stability Mechanism (ESM) today authorised the release of €0.8 billion to Greece for the clearance of arrears. This is the remaining amount of the third tranche of ESM financial assistance, approved on 7 July 2017. It will be disbursed to a dedicated account for clearing arrears.
Relevant Posts
- Council of the European Union, (2017), «Greece’s finances stabilised, the excessive deficit procedure is closed», 25 September
- Nikas, Sotiris, Dendrinou, Viktoria, (2017), «It’s Bailout-Review Time in Greece and Markets Are Wary – Again», Bloomberg, 20 September