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IMF to Decide on Participation in Greek Bailout After January
The International Monetary Fund is set to make a decision about its long-term role in the ongoing Greek bailout program further into 2016, the...
ESM Chief Warns that Greek Debt Haircut Won't Happen
European Stability Mechanism chief Klaus Regling dealt another blow to the Greek government's hopes for a debt haircut, noting in an interview published on...
ESM Approves 2 Billion Euro Disbursment to Greece
The European Stability Mechanism's (ESM) Board of Directors authorized the disbursement of 2 billion euros to Greece, following the country’s completion of the first...
ESM Could Further Improve the Economic Conditions of the Greek Program
Member states will monitor the implementation of reforms by Greece and decide whether to enter into discussions on further debt relief, the general director...
EU Holds Back Payments for Greece as Key Reforms are Still Pending
Greece has until the end of the week to resolve the pending issues required for the first review of the bailout program that would...
Eurogroup: Greece Must Implement Reforms as Cyprus Makes Progress
The Eurogroup that took place on Saturday discussed among other topics, the developments surrounding Greece and Cyprus.
During a press conference after the meeting, Eurogroup President Jeroen Dijsslebloem said that...
Varoufakis: Tsipras was Disappointed by Referendum 'No' and Surrendered
Former finance minister Yanis Varoufakis said that Alexis Tsipras was disappointed by the "no" in the July referendum and decided to surrender.
Varoufakis spoke on...
Head of the ESM Believes IMF Will Be Part of Greek Bailout
The head of the European Stability Mechanism Klaus Regling said he believes the International Monetary Fund will participate in the third Greek bailout, during a...
Difficult Negotiations to Recommence in Greece with August 20 Deadline
After voting two sets of austerity omnibus bills, the Greek government is to enter a bailout negotiation process with a critical August 20th deadline.
Pierre...
ESM Approves Commencement of Greek Bailout Deal Negotiations
The European Stability Mechanism (ESM) Board of Governors decided on Friday that it approves -in principle- a loan program for Greece. This effectively means that...