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ESM President Urges Greece to Take Ownership of Required Reforms

Greece needs to take ownership of the bailout program because delays of the progress review took a toll on the country's economy, said European...

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...

ESM Head Assures Greece of Financial Support, Provided Obligations are Met

The European Stability Mechanism will continue to support Greece as long as the country fulfills its obligations, said the president of European Union's rescue...

ESM’s Regling and Commission Chief Juncker Visit Athens on Tuesday for a Series of...

Tuesday morning the European Stability Mechanism (ESM) chief Klaus Regling is due to visit Athens and meet with Greek Finance Minister Euclid Tsakalotos. Tsakalotos and...

ESM Loan Tranche Officially Approved for Greece

The European Stability Mechanism approved on Friday the disbursement of a 7.5 billion euro loan tranche to Greece, according to a statement posted on...

Eurogroup Chief Tells EP that ESM Will Approve 7.5-Bln-Euro Bailout Tranche for Greece

Eurogroup Chief Jeroen Dijsselbloem, speaking at the economic and monetary committee of the European Parliament, on Tuesday said he believed that the European Stability...

ESM President: Tranche to Greece Might be Disbursed in Thursday’s Eurogroup

The disbursement of the next bailout tranche to Greece might be approved as early as during Thursday's meeting of euro zone finance ministers in...

German Lawmakers Vote in Favor of Paying the Next Portion of Rescue Funds to...

This Friday German Parliament's budget committee voted in favor of paying the next portion of aid due to reach Greece as a part of the European Stability Mechanism (ESM)...

Germany will Recommend Release of Loan Tranche to Greece

Germany will recommend that the European Stability Mechanism rescue fund releases the next loan tranche to Greece, according to a Reuters report. Reuters says that...

Greece Resolves Final Details for Loan Tranche Disbursement

Greece is to close all the bailout program pending issues on Tuesday, after, on Monday, Creditors gave Greece 24 hours to complete prerequisites in...

ESM Has Favourable Lending Rates For Countries Like Greece

The European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) have  the current low interest rates with some long-term bond issues in...

EC Prepares Supplemental Memorandum for Greece to Pave Way for 7.5 Bln Euros

An addendum to the current bailout terms is being prepared so that Greece can receive the first installment of the second tranche in June....

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