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Regling: Discussion on Greek Debt Relief Possible Only if Reforms Continue

In an interview with Portuguese newspaper "Diario Economico," European Stability Mechanism (ESM) Managing Director Klaus Regling left the possibility open that a discussion on...

Klaus Regling: Higher Uncertainty in Greece

"Higher uncertainty seems to exist in Greece in comparison with Spain, Portugal and Ireland, where governments have changed but the adjustment program continued...

EFSF Approves Two-month Extension of Greece’s Bailout Program

Following a similar decision by the council of eurozone ministers, the board of the European Financial Stability Facility (EFSF) decided on Friday to grant...

Regling: ECB Review Will Clarify Greece’s Funding Needs

The European banking sector review expected this coming Sunday, October 26, will clarify Greece's funding needs, said European Stability Mechanism (ESM) head Klaus Regling earlier...

ESM: EU, IMF “In No Mood” for Greek Debt Haircut

European Stability Mechanism (ESM) Managing Director Klaus Regling stated to Greek newspaper "Realnews" that Greece’s international lenders are “not in the mood” to consider a debt...

Regling: Greece Has Money For Bank Recapitalization

Portugal and Greece have money set aside to recapitalize their banks if the European Central Bank (ECB) uncovers problems during its asset-quality review and...

EFSF Approves 1 Billion Euro Disbursement to Greece

EFSF issued the following press release on Monday, announcing the disbursement of a 1 billion euro loan tranche to Greece: "The Board of Directors of...

Bank Battle Hangs Up Troika Deal

The biggest stumbling block for Greece in its long-stalled negotiations with international lenders is how much more money already-recapitalized state banks are going to...

ESM Chief: No Greek Debt Cut

While Greek Prime Minister Antonis Samaras said Greece's battered economy will begin to recover this year - and with even a possible return to...

EFSF OK’s 7.2B Euros For Greek Banks

Greece's beleaguered banks, brought into difficulty when a previous government imposed 74 percent losses on investors and bond holders to write down the country's...

CEO of EFSF Warns Standard of Living Will Fall for Greece

According to Reuters, Klaus Regling, CEO of the EFSF (i.e. European Financial Stability Facility) said during a discussion organized by the Social Policy Association...

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