Newsroom504 Press releases Press conferences Speeches Interviews Articles and Op-eds Videos and photos ESM ESM and NIB sign Memorandum of Understanding EFSF EFSF issues €4 billion 30-year bond EFSF EFSF issues €4 billion 1-year bond EFSF EFSF Board of Directors approves €1 billion disbursement to Greece (Greek version) ESM ESM Board of Directors approves €600 million disbursement to Cyprus EFSF EFSF Board of Directors approves €1 billion disbursement to Greece ESM ESM approves early loan repayment by Spain ESM El MEDE aprueba la devolución anticipada del préstamo a España EFSF Το Συμβούλιο Διευθυντών του ΕΜΣ (ESM) εγκρίνει την εκταμίευση 600 εκατ. ευρώ προς την Κύπρο EFSF EFSF Board of Directors approves €1 billion disbursement to Greece ESM ESM taps 10-year bond via auction ESM ESM Board of Governors approves 2013 Annual Report EFSF EFSF issues €3 billion 3-year bond EFSF EFSF issues benchmark €3 billion 10-year bond EFSF Portugal successfully exits EFSF programme ESM ESM issues a €3 billion 5-year bond ESM ESM reaches target level of €80 billion in paid-in capital EFSF EFSF Board of Directors approves final disbursement to Portugal EFSF EFSF Board of Directors approves €6.3 billion disbursement to Greece EFSF EFSF issues €5 billion 7-year bond More content is coming your way Contacts Cédric Crelo Head of Communications and Chief Spokesperson +352 260 962 205 c.crelo@esm.europa.eu Anabela Reis Deputy Head of Communications and Deputy Chief Spokesperson +352 260 962 551 a.reis@esm.europa.eu Juliana Dahl Principal Speechwriter and Principal Spokesperson +352 260 962 654 j.dahl@esm.europa.eu Subscribe to ESM news Subscribe to ESM Briefs Subscribe to ESM blog Subscribe to Investor Relations newsletter Social media Pierre Gramegna at Eurogroup press conference, May 2025The European Stability Mechanism (ESM) is the permanent crisis resolution mechanism for the countries of the euro area. Like its predecessor -- the te...