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ESM Chief: Greece Must Consult with Creditors First Before Changes in Policy

"If Greece changes its policy, it must first discuss it with the European institutions. They have not yet relaxed 100 percent," European Stability Mechanism...

First Half of 2015 Cost Greece €86-200 Bln, says ESM Chief Regling

Greece not only interrupted but also reversed reforms in the first half of 2015, resulting in a cost to the economy between € 86...

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...

Debt Repayment Feasible if Greece ‘Implements Reforms’

"If the government in Athens implements all the remaining reforms decisively, Greece can successfully emerge from the ESM program in August 2018," Klaus Regling,...

ESM Chief: Greece Will be Supervised After Bailout

Greece will be under creditors' supervision after the end of the bailout program, as is the norm, Chairman of the European Stability Mechanism Klaus...

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...

ESM Chief: Greece Lost €100Bln in 2015 Negotiation Failure

The failed negotiations and mishandlings on the part of the Greek government in the first six months of 2015 cost the economy 100 billion...

ESM Chief Criticizes Greek Ministers for Questioning Privatizations

European Stability Mechanism President Klaus Regling on Monday criticized Greek ministers for questioning agreed measures and privatizations, thus sending a negative message to international...

ESM President: Greece woud have been Out of the Crisis if the 2015 Mistakes...

Greece would have been out of the crisis and standing on its feet by now if the 2015 mistakes weren't made, said President of...

Greek State Debt went up to €326.5 Bln

Greece's central government debt went up in 2017, from 326,258 billion euros in December to 326,528 billion in March, according to data released on Friday...

ESM Head: Greece Should be Able to Borrow on Markets From Mid-2018

Greece should be able to borrow on international markets from the middle of 2018 if the bailout program is fully implemented, said the head...

Greece at an Impasse Over Creditors’ Demands

The Greek government is at an impasse after creditors require the legislation of fiscal measures beyond 2018, putting negotiations of the bailout program review...

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