Brussels, 30/01/2013 (Agence Europe) - The EFSF will be disbursing the next sub-instalment (€9.2 billion) to Greece, as decided by the Eurogroup (see EUROPE 10769). Some €2 billion of this will be paid out on Thursday 31 January and the remainder at a later date. Earlier this month, the IMF gave the go-ahead to disbursement of its own instalment.
Despite recent measures to reduce the Greek debt, like a writedown in the face value of bonds in private hands, the debt will remain high...