Meeting in the governing council of the European Stability Mechanism (ESM), the eurozone finance ministers on Tuesday 25 October officially approved the payment of the second sub-tranche of €2.8 billion in aid to Greece.
In a statement, the managing director of the ESM, Klaus Regling, paid tribute to the efforts made by Greece in "pension reform, bank governance, the energy sector and revenue collection". He also predicted that the country, which has been on financial life support since...