Funds will be allocated only if the nation fulfills the requirements of creditors under the program of adjustment of the economy.
BRUSSELS, 23 Nov. Maria Knyazeva. Greece may receive up to the end of the year one billion Euro last subtrans first tranche of the loan from the third package of financial aid, said the head of the European stability mechanism (ESM) Klaus regling at a press conference in Brussels.
A third bailout program, which provides up to 86 billion euros of loans, was approved for Greece on August 19. The first tranche of the new package of support amounts to 26 billion euros, with this money, Greece has already received at the end of August 13 billion euros. As reported, Regling, 2 billion euros will be transferred to Greece on Tuesday morning, and 10 billion earmarked for the recapitalization of banks.
“There are still one billion euros available for transfers until the end of the year,” he said.
Funds will be allocated only if the nation fulfills the requirements of creditors under the program of adjustment of the economy.
