BRUSSELS (Reuters) - The euro zone bailout fund ESM decided on Friday to hold off the disbursement of a 1 billion euro loan tranche for Greece to wait for confirmation from Athens it fulfilled the condition of arrears clearance for the release of the money.
"Confirmation from the Greek authorities is still needed that some payments for arrears clearance are fully executed. This is necessary in order to take the decision on the release of the remaining 1 billion euros," the spokesman said.
The money is available until June 15.
(Reporting By Jan Strupczewski)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)