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Statement from EFSF regarding next disbursement to Greece

09/05/2012
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Press releases

EFSF

Luxembourg – The EFSF Board of Directors has considered today the next disbursements to Greece under the Financial Assistance Facility Agreement.

The Board has confirmed the release of the outstanding amount of €5.2 bn from the first instalment of €39.4 bn by the end of June. An amount of €4.2 bn will be disbursed on 10 May. The remaining funds of €1.0 bn are not needed before June and will be disbursed depending on the financing needs of Greece. As with previous disbursements to Greece, the EFSF will transfer the €4.2 bn into a segregated account which will be used for debt service payments.

Wolfgang Proissl

Wolfgang Proissl
Chief Spokesperson
 

+352 260 962 230

Anabela Reis

Anabela Reis
Senior Spokesperson / Financial Press Spokesperson
 

+352 260 962 551

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