ESM Board of Directors Approves EUR1b Loan Tranche for Greece

14
Jun

By Viktoria Dendrinou

(Bloomberg) —

The European Stability Mechanism board of directors approved the disbursement of the remaining EU1b tranche for Greece, according to statement.

Payment was linked to progress in arrears clearance
Disbursement approval had been delayed last week as confirmation still needed that some payments for arrears clearance are fully executed
Euro-area finance ministers to discuss next tranche, debt relief for Greece on June 21 meeting in Luxembourg
NOTE: ESM Postpones Decision on EU1b Pending Greek Bailout Tranche

Comodo SSL