On Friday 13 July, the Border Directors of the European Stability Mechanism (ESM) gave its agreement in principle for the disbursement of the final tranche of aid of €15 billion to Athens, in the framework of the conclusion of the third and final bailout plan.
This decision follows those taken at the Eurogroup meeting of 21 June, which set out the terms for Greece to come out financial assistance programme (see EUROPE 12046). The Board Governors of the international association took a...