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ESM governing council convened today to typically approve the disbursement of the loan tranche worth 7.5 billion euros to Greece.

Greece expects to get the green light from today’s Eurogroup summit for a much-needed bailout tranche of 7.5 billion euros that is expected to be disbursed next week.
The board of directors of the eurozone bailout fund ESM will agree tomorrow to disburse the money which will be paid out early next week.

The Euro Working Group on Thursday gave the green light for the disbursement of 7.5 billion euros to Greece by the ESM’s Board next week.