FAFASFralin Associates Fine Arts Services
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It is important to highlight that within the PSI MoU, there were annexed two letters by the leaders of PASOK and New Democracy, stating an a priori commitment to the implementation of the entire Second Program (MoU, FAFAs, etc.; European Commission 2012: 7-end).
(44) The FAFAs and the MoU, as annexed, are approved and all of the documents enter into force from their signature and are submitted to Parliament only for information; the PM/FinM enjoy authorizations similar to those of Law 3845/2010, (Hellenic Republic 2012b: 291-2).
After technical negotiations, the ESM-based Third Program MoU and relevant FAFA were signed in August 2015, providing for up to EUR 86 billion financial assistance to Greece until 2018 (European Commission 2015; ESM 2015d: 3-6).