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> Economy

EMS board to approve release of first tranche for Greece Wednesday

Greece to pay 3.2bln Euro bond to ECB on August 20

Newsroom August 19 01:31

ESM Board of Governors, who are also Eurogroup Ministers will meet via teleconference, Wednesday at 8 pm (Greek time) to approve the release of the first disbursement to the Greek state in the framework of the 3rd Greek rescue plan. This will allow the cash-strapped country to pay off a 3.2bln Euro bond to the ECB on Thursday, August 20.

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