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ESM’s Klaus Regling Warns Greece Not to Backslide on Reforms

ESM Managing Director Klaus Regling warned the Greek government not to abandon its commitments in the post-bailout era saying that if Athens reneges, creditors...

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...

Rescue Fund Chief Warns Greece to Stick to Reforms

The Greek government should remain focused on implementing the prescribed reforms to regain investors’ trust and return successfully to the markets, the head of...

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...

ESM Chief Says Greece May Need Less Credit than Expected

The head of the eurozone's European Stability Mechanism (ESM) bailout fund told a German newspaper that Greece was making good progress with its reform...

ESM on Greek Debt Relief: We Shall See After August 2018

Greece's lenders will be able to determine if Greece needs further debt relief only in the summer of next year, the head of Europe’s...

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 Regling: Greece Can Tap Markets in 10 Months, if it Implements Reforms

"Greece can exit the current aid programme in 10 months and be financed independently through the markets, if the government adheres to the agreed...

ESM Chief Klaus Regling: Greece on the Right Track to Exit Bailout

The Greek government is on the right track, ESM Chief Klaus Regling said, reiterating the need to continue implementing the agreed actions. In a keynote...

Greece’s Return to Markets Met with Cautious Remarks from International Press

Greece's return to tapping the international bond markets for the first time since 2014 is met with mixed remarks from the international press. In its...

Greece will Successfully Complete Reforms, ESM’s Regling Says

ESM managing director Klaus Regling said on Friday he is encouraged that the IMF executive board has now approved in principle an arrangement for...

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