Brochure: Evaluation of Financial Assistance to Greece

This brochure summarises the key conclusions and recommendations of the Independent evaluation on EFSF and ESM’s financial assistance to Greece.

Joaquín Almunia, the High-Level Independent Evaluator appointed by the ESM Board of Governors, led this evaluation, which aimed to:

• draw lessons from the EFSF/ESM financial assistance programmes to Greece to support future informed policy decision-making,
• further increase the transparency and accountability of the ESM’s programme activities, and
• enhance the ESM’s ability to tackle future crises and deliver timely and effective assistance at reasonable cost while addressing the most acute problems.