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ESM Lauds Greek Economy’s Achievements, Warns About Future Measures

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...

Billion-Euro Debt Relief Measures Approved for Greece

The Board of Directors of the European Financial Stability Facility (EFSF) approved on Thursday debt relief measures for Greece totaling almost one billion euros,...

ESM and EFSF Unblock Short-Term Debt Relief Measures for Greece

The boards of the European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) have approved the unblocking of short-term debt relief measures...

Eurozone Sources Evaluate Positively FinMin Tsakalotos’ Letter

Eurozone sources said on Wednesday they evaluated positively Greek Finance Minister Euclid Tsakalotos' letter to the president of Eurogroup Jeroen Dijsselbloem and to ESM...

ESM Looking at Loan Duration Adjustments for Greece

ESM and EFSF General Secretary Kalin Anev Janse spoke to German newspaper Boersen Zeitung. In the interview he said that he had been asked...

ESM Announces Release of 7.5 Bln Euros for Greece

The European Stability Mechanism (ESM) has disbursed the 7.5-billion-euro installment of its loan to Greece, the body announced on its Twitter account on Tuesday...

European Central Bank Gives Breath of Liquidity to Greek Banks

The European Central Bank gave a breath of liquidity to Greek banks after Thursday's decision to include them in its quantitative easing program and...

EU Adds More Pressure on Greece Ahead of Referendum; EFSF Statement

  One day before Greeks vote in a referendum to accept or reject a bailout deal the EU has offered them, the European Financial Stability Facility...

EFSF Not to Demand Immediate Repayment of Greek Loans

The European Financial Stability Facility (EFSF) announced on Friday that it will not demand immediate repayment of Greece's loans, while it reserved the right to do...

EFSF Threatens to Cancel Loan Contracts, Demands Immediate Repayment of Greek Loans

The European Financial Stability Facility (EFSF) said on Wednesday that it is considering action that includes "accelerating" its loans to Greece and demanding immediate repayment, in...

EFSF Announces End of Greek Bailout Programme; Greece on its Own

The European Financial Stability Facility (EFSF) just released a statement announcing the end of its financial assistance to Greece. After the end of the...

Eurogroup: Greek Program Extension and Debt Restructuring Rejected

  Tuesday evening’s urgent Eurogroup teleconference resulted in the arrangement of another conference for Wednesday, July 1, at 11.30 am Central European Time. The meeting was scheduled...

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