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Financial Assistance

Programme Countries

Ireland
Greece
Spain
Croatia
    Cyprus
    Portugal
     
    ESM/EFSF
    Default
    • completed programme
    • ongoing programme
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    EFSF
    Ireland

    Ireland was the first EFSF programme country (2011-13), receiving €17.7 bn in loans

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    ESM/EFSF
    Greece
    Three programmes restore growth, confidence
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    ESM
    Spain
    The ESM disbursed €41.3 bn of €100 bn available to Spain.
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    ESM
    Cyprus

    Cyprus recently concluded its 3-year ESM programme, having received €6.3 bn in loans

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    EFSF
    Portugal

    Portugal received €26 bn in loans from the EFSF (2011-14)

    EVALUATION OF PAST EFSF/ESM PROGRAMMES
    Highlights
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    Explainer: Evaluation of Financial Assistance to Greece
    | News
    first-evaluation-report--media-1800-1000
    Evaluation of Financial Assistance to Greece
    | Videos and photos
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    Evaluation Report on past programmes
    Tumpel-Gugerell-724-466
    G. Tumpel-Gugerell on the report- video
    | Videos and photos

    Financial Assistance Database

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    Programme Overview
    An overview of amounts disbursed and repaid for all EFSF/ESM programmes
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    Disbursements
    Loan disbursements displayed as per use of funds, lending contracts, and funding strategy
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    Repayments
    Loan repayment profiles, viewable at different points in time and for individual lending contracts
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    Interest and Fees
    Historic payment flows (interest, fees, and principal) between the EFSF/ESM and programme countries
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    Conditionality
    Policy conditions and compliance assessments displayed for all reviews throughout a programme
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    Indicators
    Economic indicators for programme countries as recorded in review reports

    Facts

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    20
    ESM shareholders
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    €295 bn
    total amount of loans disbursed by ESM/EFSF
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    €25—30 bn
    amount of bonds currently issued annually
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    €417.4 bn
    ESM's remaining lending capacity (Forward Commitment Capacity)
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    82%
    Percentage of ESM’s €500 bn lending capacity still available
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    5
    countries have successfully completed EFSF/ESM programmes: Ireland, Spain, Portugal, Cyprus, Greece
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    €18.2 bn
    Accumulated savings for the 5 programme countries in 2019 as a result of EFSF/ESM financing
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    42.5 years
    Maximum weighted average maturity of EFSF loans to Greece