Commission signs three-year ESM stability support programme for Greece
20/08/2015
Economy, finance, tax and competition / Institutional affairs
The European Stability Mechanism
(ESM), Europe's firewall established in 2012 in response to the global
financial crisis, will be able to disburse up to EUR 86 billion in loans
over the next three years, provided that Greek authorities implement
reforms to address fundamental economic and social challenges, as
specified in the MoU.
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