The euro zone's temporary bail-out fund, the European Financial Stability Facility, will contribute €109.1 billion to the second Greek bail-out after covering the costs of the Greek debt swap, the EFSF's chief executive Klaus Regling said.
The International Monetary Fund (IMF) will contribute €28 billion on top of the €109.1 billion, which the Fund will pay to Greece over four years, rather than the three years envisaged in the euro zone financing plan.
The figure includes €48 billion that the EFSF will provide, in the form of its own bonds, to recapitalise Greek banks, over the next few weeks, Regling told several international news agencies.
"That means €61 billion is left for normal programme financing," he said in comments for release later today.
The EFSF figure does not include the €30 billion that the euro zone has provided as a sweetener for investors in the privately held debt restructuring, or the €5.5 billion euros of repayment of accrued interest.
Regling said the EFSF has provided €26.6 billion of the sweetener for investors holding debt governed by Greek law.
