×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
01
May 2026
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

ESM disburses € 7.7bn to Greece

€ 6.9bn to disappear by July 20

Newsroom July 10 05:16

The European Stability Mechanism (ESM) disbursed the € 7.7 billion tranche to Greece, Monday. The amount was deposited in the Bank of Greece’s (BoG) special treasury account. € 6.9 billion will be used to service the country’s debt, with the remaining 800 million going to overdue public debts to the private sector. Meanwhile, the EuroGroup, which is scheduled to meet on Monday afternoon, will not have Greece on its agenda of talks after a long time. The Greek Alternate Minister of Finance George Chouliarakis will be stepping in for Greek Finance Minister Euclid Tsakalotos at the meeting in Brussels, as the later is suffering from a case of ear inflammation (OM) and his doctor advised against air travel. Following the disbursement of the installment, the Greek government will possibly attempt to return to the markets in July, while the Greek PM Alexis Tsipras, Euclid Tsakalotos and the Governor of the Bank of Greece, Yiannis Stournaras will send a signed Letter of Intent to the IMF in order to receive an answer regarding its Memorandum of Economic and Financial Policies (MEFP). The letter, signed by the Greek PM arrived in Washington on Friday and the Fund’s board of directors will meet on July 27 focusing on the Greek matter. According to the EC’s Compliance Report, the Greek government received a € 3.5 billion last year to pay overdue government debts, with a mere € 74 million going to pensioners a year later. Among other arrears, the state has tom pay € 2.1 billion to private investors by July 17, € 290 million to the IMF on the 18th and repay bonds worth € 3.9 billion to the European Central Bank (ECB) by July 20.

Ask me anything

Explore related questions

#debt#ecb#ESM#greece#imf#loan#private#sector#tranche
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

The 5-year-old boy who had his finger amputated at a kindergarten in Evosmos was operated

May 1, 2026

Iran submits new proposal to US to end the war

May 1, 2026

Rain and strong winds bring a cooler start to May

May 1, 2026

New Euroepean pharmaceutical hub in Tripoli

May 1, 2026

1.7 million euros would be made by the circuit from the half ton of skunk found in Igoumenitsa

May 1, 2026

Eurovision 2026: 95,000 tickets already sold to fans from 75 countries

May 1, 2026

Heavy traffic on national highways as May Day weekend getaway continues – Delays also reported on Attiki Odos (Livefeed)

May 1, 2026

Emotional video shows Aegean pilot’s final landing after 45 years of service: «Today I am not changing profession, but way of life» (video)

May 1, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα