The annual report of the European Stability Mechanism (ESM), which its Governing Council approved on the sidelines of the Eurogroup meeting of Thursday 21 June, shows that the permanent bailout fund of the Eurozone has awarded Greece €45.9 billion in loans since 2015.
This figure does not include the final tranche of aid to be awarded to Athens when the fourth monitoring mission of the third Greek bailout plan concludes (see other article).
The publication of these accounts is particularly...