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Biden Announces Tranche of New Sanctions on Russia

US President Joe Biden announced in a press conference on Tuesday that the US will place additional sanctions on Russia after its invasion of...

ESM Releases Last Bailout Tranche to Greece Worth €15B

Greece on Monday received a fifth and final multi-billion-euro payment ahead of the country's exit from its economic bailout scheduled for Aug. 20. The European Stability...

Germany Puts Last Bailout Tranche to Greece on Hold

Germany blocked a final 15 billion-euro ($17.5 billion) bailout payment to Greece after the government in Athens postponed a value-added tax (VAT) hike on...

Eurozone's ESM Postpones €1B Loan Tranche to Greece

A report claiming Athens has not made enough progress in clearing debt arrears is being blamed for a eurozone decision to suspend a €1 billion...

Eurogroup Decides to Disburse €5.7B Sub-tranche to Greece by End March

Eurozone finance ministers decided on Monday that the third review of Greece's bailout program is complete and the €5.7 billion sub-tranche is to be...

EU: Greece Needs to Close Pending Prerequisites before Disbursement of Loan Tranche

Greece needs to complete three important prerequisites before the EU disburses the next loan tranche of €5.7 billion euros, a European official said, according...

Eurogroup to Declare End of Bailout Review, but No Cash Tranche Yet

The Greek government has invested heavily in a smooth conclusion of the third bailout review and Monday's Eurogroup meeting is expected to confirm that,...

€6-7B Greek Bailout Tranche Set for Late January

    The next Greek bailout tranche, worth 6 to 7 billion euros, is expected to be disbursed in late January, provided that 55 agreed-upon measures...

ESM Dispenses 7.7 Bln Bailout Tranche to Greece

The European Stability Mechanism (ESM) announced the actual disbursement of the next loan tranche to Greece which took place on Monday, as scheduled. #ESM executed...

ESM Approves 8.5Bln Euro Tranche to Greece

The Board of Directors of the European Stability Mechanism (ESM) today approved the third tranche of €8.5 billion of ESM financial assistance to Greece. This...