European Stability Mechanism

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 by the Public Debt Management Agency. The Greek government cash reserves stood at 2,908 billion euros...

Greece should be able to borrow on international markets from the middle of 2018 if the bailout program is fully implemented, said the head of the European Stability Mechanism, Klaus Regling. The euro zone rescue fund chief spoke to German...

The Greek government is at an impasse after creditors require the legislation of fiscal measures beyond 2018, putting negotiations of the bailout program review on indefinite hold. The prime minister and government officials are repeating that no new measures will...

The Greek debt is manageable if the agreed reforms are fully implemented, responds European Stability Mechanism (ESM) after the leak of IMF's report underlining in parallel that there is no reason for scaremongering over the Greek debt. An ESM representative...

"Greece, although it remains a special case, can emerge successful from the bailout program, as happened with Portugal and Cyprus" said President of the European Stability Mechanism Klaus Regling. The ESM head expressed this view in an interview in South...

Greece's creditors have sent Athens an e-mail asking for clarifications regarding the social aid measures taken by Athens, with the answer to be sent before Christmas, according to the Athens News Agency. According to the report, government officials estimate that...

The European Stability Mechanism proposes three sets of complementary measures to ease the Greek debt in the long term, according to Reuters. Reuters has seen a paper in which the measures are outlined. Under the plan, the average maturity of some...

There will not be a debt haircut for Greece because there is no need for it and the economy is stagnant again, said European Stability Mechanism President Klaus Regling. In an interview with Austrian newspaper Der Standard, Regling said that...

The Board of Directors of the European Stability Mechanism (ESM) today authorized the disbursement of 2.8 billion euros to Greece, which is the remaining amount of the second tranche of ESM financial assistance. “Today’s decision to disburse 2.8 billion euros...

On Monday afternoon (today), the Eurogroup in Luxembourg will decide on the disbursement of the 2.8 billion euros loan tranche to Greece. The meeting of the euro zone finance minister officials will be preceded by a Euro Working Group session...