Calamos Supports Greece

Klaus Regling

ESM Chief: Varoufakis' Term Cost Greece €100 Bln

The Yanis Varoufakis period cost the Greek economy about 100 billion euros, said the President of the European Stability Mechanism, Klaus Regling on Wednesday. The euro zone rescue fund managing director gave an interview on Skai television during his visit...

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 Stability Mechanism President Klaus Regling. The ESM chief spoke during an Economist conference in Athens on...

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 fund, Klaus Regling. Regling made the statement after meeting with Greek Finance Minister Euclid Tsakalotos in...

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

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 Regling are expected hold a conference following their meeting. Last Friday the ESM approved the release of...

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 Twitter. "After today’s #ESM Board of Directors decision the #ESM will disburse the €7.5 bn to #Greece early next...

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 Luxembourg. The statement was made by President of the European Stability Mechanism Klaus Regling on Euronews...

Kyriakos Mitsotakis: Government Is Condemning the Country to Perpetual Austerity

The pledge, on Greece’s side, to maintain primary surpluses of 3.5 percent for the next 15 years, which are not achievable, are condemning the country to a perpetual austerity program, main opposition leader Kyriakos Mitsotakis said on Wednesday during...

Eurogroup: Greek Debt Relief Comes With Contingency Measures Attached [video]

An emergency Eurogroup held on Greece Monday, May 9, ended with finance ministers of the eurozone welcoming the package of austerity measures that Greece agreed to though discussions would continue at the Eurogroup on May 24. Athens' proposal was...

ESM Head: Why was Greece Led to a Third Memorandum

ESM Head Klaus Regling said during an interview in Italian newspaper Corriere della Serra that "Greece is not facing bankruptcy. We are working in way that will complete the evaluation." Regling said that the basic problem of the current delay is not due to the...

ESM's Klaus Regling Confident That the IMF Will Remain in the Greek Bailout Program [video]

The head of ESM Klaus Regling, expressed his expectation that the IMF will remain in the Greek bailout program, speaking to Bloomberg on Wednesday. In addition, Regling announced that it is impossible to clarify who is right in the predictions...