European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, October 28, 2015. REUTERS/Francois Lenoir (File: 2015-10-28T145942Z_1399040910_GF20000036357_RTRMADP_3_EU-ECONOMY.JPG )
The board of the European Support Mechanism (ESM) is scheduled to convene via teleconference on Tuesday afternoon in order to approve the disbursement of the 1-billion-euro tranche.
Greece is set to collect the 1 billion euros after completing a series of reforms and prior actions, as agreed upon with the country’s creditors in the third bailout agreement.
