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ESM Chief Klaus Regling: Greece on the Right Track to Exit Bailout

The Greek government is on the right track, ESM Chief Klaus Regling said, reiterating the need to continue implementing the agreed actions. In a keynote...

Angela Merkel Appears Optimistic About Growth in Greece

German Chancellor Angela Merkel held a traditional summer news conference on Tuesday, just less than a month before Germany's Sept. 24 federal election, and...

Germany’s Schaeuble Proposes ESM Use for Investments in Greece – With a Price

German Finance Minister Wolfgang Schaeuble is working on a proposal that would allow southern eurozone countries to tap into the single currency bloc's bailout...

Greece will Successfully Complete Reforms, ESM’s Regling Says

ESM managing director Klaus Regling said on Friday he is encouraged that the IMF executive board has now approved in principle an arrangement for...

ESM Dispenses 7.7 Bln Bailout Tranche to Greece

The European Stability Mechanism (ESM) announced the actual disbursement of the next loan tranche to Greece which took place on Monday, as scheduled. #ESM executed...

ESM Approves 8.5Bln Euro Tranche to Greece

The Board of Directors of the European Stability Mechanism (ESM) today approved the third tranche of €8.5 billion of ESM financial assistance to Greece. This...

EU Sources: Loan Tranche for Greece to be Approved on Friday

Officials in Brussels and Athens are confident that the Governing Body of the European Stability Mechanism (ESM) meeting on Friday will approve the disbursement...

Greece’s Tsakalotos Certain of Disbursement Loan Tranche

Greek Finance Minister Euclid Tsakalotos expressed his confidence that the ESM will approve the disbursement of a loan tranche to Greece on Friday. Speaking to...

Six Prerequisites Pending Before Greece Gets €7.7 Bln Loan Tranche

Greece needs to legislate six prerequisites that remain pending before the next loan tranche of 7.7 billion euros is disbursed, a Real.gr report says. The...

ESM Chief Regling Sees Possible Return to Markets for Greece Within 2017

Greece should be able to go back to the markets late this year or early next year, provided it keeps up with the implementation...

IMF Managing Director Christine Lagarde to Propose Approval in Principle of New Arrangement for...

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement on Greece in Luxembourg today: “I would like to announce...

Creditors to Disburse Loan Tranche to Greece, But No Debt Relief Discussion

Greece's European creditors and the International Monetary Fund are to disburse the next loan tranche to Greece but the debt relief issue will not...

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