Dombrovskis: EFSM best financing option for Greece

“There are currently no prospects for any bilateral help. Given the obvious absence of any other better solution, the best possible avenue left is the EFSM programme,” said Commissioner for the Euro and Social Dialogue Valdis Dombrovskis.

“EFSM is a community instrument which can provide financial assistance in form of loans to all 28 EU member states provided they implement adjustment programmes with strict conditionalities,” he added.

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