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ESM Releases €1B to Greece After Reform Bill is Passed

A week before a crunch eurozone meeting for Greece, and on the same day Greek lawmakers passed a raft of economic reforms -- the...

House Multi-Bill Guarantees €25 Bln to ESM for Greece’s Loans

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...

Eurozone’s ESM Postpones €1B Loan Tranche to Greece

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...

Europe Scrutinizes Greek Growth Plan as Bailout Exit Looms

International creditors will return to Athens on May 14 ahead of June's final decision on how to end Greece's economic bailout. Eurogroup finance ministers were...

Gap Between EU-IMF over Greek Debt Remains

The International Monetary Fund and the European Union continue to disagree on the Greek debt relief issue, as was shown during the IMF and...

Greece’s Creditors Approve €6.7B in Bailout Funds

Greece's international creditors on Tuesday approved a huge €6.7 billion ($8.3 billion) tranche of bailout funds for the country's struggling economy. The Board of Directors of...

ESM Chief Says Greece May Need Less Credit than Expected

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...

ECB’s Nowotny: Turn ESM into European Monetary Fund for Greece’s Bailout

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...

ESM on Greek Debt Relief: We Shall See After August 2018

Greece's lenders will be able to determine if Greece needs further debt relief only in the summer of next year, the head of Europe’s...

Eurozone Approves Disbursement of 800 Million Euros to Greece

The European Stability Mechanism (ESM) authorised on Thursday the release of 800 million euros to Greece for the clearance of arrears, during a meeting...

European Stability Mechanism (ESM) to Decide Whether to Disburse Remaining 800 Million Euros to...

The European Stability Mechanism (ESM) said on Monday its board will meet on October 26 to discuss whether to disburse the remaining 800 million...

ESM Chief Regling: Greece Can Tap Markets in 10 Months, if it Implements Reforms

"Greece can exit the current aid programme in 10 months and be financed independently through the markets, if the government adheres to the agreed...

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