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Greece Seeking Return of 1.2 Billion Euros from EFSF, Gov’t Sources Say

The government is seeking the return to the Greek state of 1.2 billion euros from the European Financial Stability Fund (EFSF) and, according to...

ESM Approves Transfer of €555 Mln from HFSF to Greek State

The European Stability Mechanism (ESM) approved on Tuesday the transfer of 555 million euros from the Hellenic Financial Stability Fund (HFSF) to the Greek...

European Commission President: Premature to Talk About Third Greek Bailout

His belief that the time is not yet right to discuss a possible third bailout package for Greece expressed European Commission President Jean-Claude Juncker...

Spanish FinMin and EFSF: Memoranda Not Over for Greece

A third bailout package for Greece amounting between 30 and 50 billion euros is currently being envisaged by the Eurozone member-states' Finance Ministers, according...

EFSF Extends Availability of Funds for Greece by Four Months

The availability of European Financial Stability Facility (EFSF) funds for Greece will be extended by four months, following a Friday decision by the facility's...

Greek PM Tsipras: We Won a Battle, Not the War

In his address to the Greek people, Prime Minister Alexis Tsipras stressed that yesterday’s Eurogroup agreement with the country’s European loan partners was an “important success,” signaling...

Read the Greek Loan Agreement Six-Month Extension Request Letter

Earlier today, Greek Finance Minister Yanis Varoufakis sent a letter to Eurogroup President Jeroen Dijsselbloem, explaining Greece's proposals and reasoning for the continuation of...

Regling: Discussion on Greek Debt Relief Possible Only if Reforms Continue

In an interview with Portuguese newspaper "Diario Economico," European Stability Mechanism (ESM) Managing Director Klaus Regling left the possibility open that a discussion on...

Klaus Regling: Higher Uncertainty in Greece

"Higher uncertainty seems to exist in Greece in comparison with Spain, Portugal and Ireland, where governments have changed but the adjustment program continued...

EFSF Approves Two-month Extension of Greece’s Bailout Program

Following a similar decision by the council of eurozone ministers, the board of the European Financial Stability Facility (EFSF) decided on Friday to grant...

Troika’s Technical Teams Return to Athens Tomorrow

The return of the Troika's technical teams in Athens tomorrow, along with Eurogroup's decision for a two-month technical extension of the Greek program, announced at...

Eurogroup Decides Two-Month Extension of Greek Program, Presidential Election on December 17

On December 17, two months ahead of schedule, will finally be held the first ballot for the election of the new President of the...

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