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Regling: ‘Not Enough Fiscal Space To Cancel Greece’s Pension Cuts’

Klaus Regling, chief executive officer of the European Financial Stability Facility and Managing Director of the European Stability Mechanism (ESM), said in an interview...

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...

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...

Austria has Earned More than €100 Mln in Interest from Greek Bailout

Austria has received 101.73 million euros in interest on loans given to Greece under the first Greek bailout program, according to figures released...

EFSF Chief Regling: Greece Has Yet to Submit a Comprehensive Reform List

The Chief Executive Officer of the European Financial Stability Facility (EFSF) Klaus Regling said the Greek government has not yet submitted a comprehensive list...

New Democracy Tables Separate Examination Committee Proposal for 1981-2015 Period

The Greek Parliament voted the SYRIZA-led government's proposal for an examination committee looking into the circumstances surrounding the signing of the country's two memoranda with its...

Euro Working Group: 1.2 Bln Euros from EFSF Frozen

The Euro Working Group discussion on the Greek issue ended shortly after 2pm on Wednesday, March 25. The Eurozone officials decided that Greece had...

Eurogroup Asks EFSF to Assist Greece’s 1.2-Billion-Euro Claim

Eurogroup President Jeroen Dijsselbloem has requested from the Euro Working Group and the European Financial Stability Facility (EFSF) to examine Greece’s request for a...

EWG Emergency Teleconference Tomorrow to Discuss Greek Reform Proposals

A few minutes ago, Greek government sources have confirmed leaked information regarding a possible Euro Working Group (EWG) emergency teleconference to be held tomorrow,...

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...

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