… in order for fresh funds to be released next month
Finance minister Stournaras fudged questions whether the success of the scheme was a condition for the release of 34.4 billion euros in loans next month. But he said that if the voluntary scheme fails to attract enough interest, there is a “Plan B” which he refused to elaborate on.
He refuted reports that the government would issue T-bills to raise the money for the scheme, saying that the funds would come from the European Financial Stability Facility.
More.… ekathimerini