Roughly half of the financing was provided for debt servicing. From the loans, 81 billion was used to meet maturing debt obligations and for interest payments that exceeded 40 billion euros, almost 122 billion euros in total. (…)

To support its banks from the losses incurred in the PSI and the rapidly deteriorating loan portfolios as a result of the deep crisis which saw non-performing loans soaring from 8 percent to 34 percent, Greece borrowed another 48.2 billion euros for bank recapitalisations, resolutions and the restructuring of the banking sector.