Brussels, 20/07/2015 (Agence Europe) - On Monday 20 July, the European Commission confirmed that the bridge financing of €7.16 billion from the European Financial Stability Mechanism (EFSM) had been granted to Greece that morning, allowing the country to avoid missing a further payment deadline.
This meant that Athens was able to pay back the ECB (around €4.2 billion) and to settle its arrears to the IMF (around €2 billion) and the Bank of Greece (€500 million) (see EUROPE...