ESM to hold teleconference on Greek aid at 19.00

Gazzetta team
ESM to hold teleconference on Greek aid at 19.00

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The European Stability Mechanism’s (ESM) board of governors, who are the eurozone’s finance ministers, is due to hold a teleconference later on Wednesday to decide on Greece's bailout programme, the fund said in its Twitter account.

The teleconference is scheduled for 19.00 (Brussels time), or 20.00 (Athens time).

The program will cover Greece’s funding needs for the next three years and, according to the Eurogroup’s decision last Friday, it will total 86 billion euros.