07.11.2014 - 09:44 [ Euronews ]

Exclusive – Euro zone backs ESM credit line for Greece after bailout exit

The credit line will make use of the 11 billion euros already granted to Athens by the euro zone to recapitalise Greek banks, euro zone officials said. (…)
The recapitalisation money that could be recycled into a credit line is now in European Financial Stability Facility bonds which would be returned to the EFSF at the end of the programme in December.