Greece

The European Stability Mechanism (ESM) said on Monday its board will meet on October 26 to discuss whether to disburse the remaining 800 million euros of aid to Greece. The disbursement will depend on whether the state has made...

The European Stability Mechanism (ESM) on Monday approved an early partial repayment of Greece's outstanding loans to the International Monetary Fund (IMF). At the same time it will waive Greece's obligation to simultaneously repay the same proportion of outstanding loans...

Chief of the European Stability Mechanism (ESM) Klaus Regling indicated on Friday that the European Institutions might consider reducing Greece's primary surplus targets beginning in 2021. Speaking during a press conference just before the crucial Eurogroup meeting coming up in...

The European Stability Mechanism (ESM) published its annual report for the year 2018 on Thursday. The European Institution praised Greece for its recent efforts strengthen the country financially, noting that 2018 was a landmark year for the country, mostly due...

"If Greece changes its policy, it must first discuss it with the European institutions. They have not yet relaxed 100 percent," European Stability Mechanism Managing Director Klaus Regling said. The EU official spoke to Dutch newspaper De Telegraaf and was...

Greece not only interrupted but also reversed reforms in the first half of 2015, resulting in a cost to the economy between € 86 and 200 billion, head of the European Stability Mechanism Κlaus Regling told Kathimerini newspaper. The EU...

Greece on Monday received a fifth and final multi-billion-euro payment ahead of the country's exit from its economic bailout scheduled for Aug. 20. The European Stability Mechanism (ESM) said it had disbursed €15 billion ($17 billion) to Greece which would cover spending...

A week before a crunch eurozone meeting for Greece, and on the same day Greek lawmakers passed a raft of economic reforms -- the so-called 'prior actions' the European Stability Mechanism (ESM) released to Athens a tranche of €1 billion...

Greek Finance Minister Euclid Tsakalotos (right) with ESM President Klaus Regling A clause by which the Greek State guarantees €25 billion for loans received by the European Stability Mechanism is included in the multi-bill submitted to the House for a...

A report claiming Athens has not made enough progress in clearing debt arrears is being blamed for a eurozone decision to suspend a €1 billion ($1.1 billion) loan to Greece. The board of the European Stability Mechanism (ESM) decided on Friday...

The International Monetary Fund is pressing Greece's European creditors to agree on a debt relief program as soon as next week to ensure that the fund has enough time to give money to the country. Poul Thomsen, the IMF director...

Greece will be under creditors' supervision after the end of the bailout program, as is the norm, Chairman of the European Stability Mechanism Klaus Regling said on Tuesday. Speaking on SKAI television, the EU official said: "Greece will be under...

The head of the eurozone's European Stability Mechanism (ESM) bailout fund told a German newspaper that Greece was making good progress with its reform drive and it may not need as much credit as previously planned. "We are pleased that...

Veteran European Central Bank policymaker Ewald Nowotny has backed turning the European Stability Mechanism (ESM) into a IMF-styled lender and for it taking over from the ECB in Greece's bailout programme. "The ESM might turn into a 'European Monetary Fund',...

"Greece can exit the current aid programme in 10 months and be financed independently through the markets, if the government adheres to the agreed reforms to strengthen growth and employment," Klaus Regling, head of the European Stability Mechanism (ESM),...