The board members of the European Stability Mechanism (ESM) will convene on Friday to approve the disbursement of the 7.5 billion euro tranche towards Greece, which is expected to be paid out on Monday 20 June.
A meeting of Eurozone Finance Ministers who govern the ESM is also scheduled for Thursday, ahead of the Eurogroup. The aim is to approve the update bailout agreement with Greece.
Aside from the approval, which will pave the way for the disbursement of the tranche, Greece will not be on the meeting agenda.
