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Europe Daily Bulletin No. 11436

24 November 2015
ECONOMY - FINANCE / (ae) greece
ESM approves disbursement of €2 billion to Athens

Brussels, 23/11/2015 (Agence Europe) - On Monday 23 November, the European Stability Mechanism (ESM) approved the disbursement of a new tranche of aid of €2 billion to Greece, which will be paid over on Tuesday 24 November.

This decision comes after the Greek government finalised and applied a first raft of prior measures (see EUROPE 11435). Most of the envelope will be used to allow Athens to service its public debt, clear its arrears and contribute to the co-funding of projects also...

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