Brussels, 10/05/2012 (Agence Europe) - The European Financial Stability Facility (EFSF) has given the go-ahead for the payment of the first instalment of financial aid from the €130 billion second Greek bailout, making the unanimous board decision on Wednesday evening. The EFSF has decided to release €5.2bn from an initial tranche of €39.4bn earmarked for payment between now and the end of June (see EUROPE 10574).
“The EFSF has confirmed the release of the outstanding amount of...