EFSF disburses €2.1 billion to Portugal
Luxembourg – The European Financial Stability Facility (EFSF) disbursed today €2.1 billion to Portugal. The funds were transferred in cash with an average maturity of 20.5 years.
“As the programme is reaching its final stage, it is paramount that Portugal keeps the pace of reform to ensure a successful exit strategy and the continued support of its European partners” said Klaus Regling, the CEO of the EFSF.
With today’s disbursement, Portugal has now received from the EFSF €21.1 billion out of the total committed amount of €26 billion.