Greece’s fifth and final loan installment from its adjustment program will be disbursed “in the coming days,” the European Stability Mechanism (ESM) announced in a press release on Thursday.
The ESM noted its board approved on Wednesday the supplemental memorandum of understanding with Greece, following the completion of national parliamentary procedures and the European Commission signed it on behalf of the ESM.
“This paved the way for the Board of Directors to approve the disbursement of the fifth tranche, which is planned to be executed in the coming days,” it added.
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