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Tag Archives: 10.3bn EUR

Program Review concluded, ESM approves €7.5bn, Supplemental MoU with more measures

Greece passed the test “Program Review” with success, after the government completed all prior actions. Therefore the board of directors of the European Stability Mechanism (ESM) approved the disbursement of €10.3 billion. It is the second tranche of the third bailout. The first disbursement of  €7.5 billion, is expected to …

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