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Greek Recapitalization Fund to Get 25 Billion Euro EFSF Bonds
Greece΄s bank support fund will receive 25 billion euros today worth of bonds from the European Union to be used to recapitalize the country΄s...
Power Games Regarding Greek PSI and EFSF Role
The debate about the haircut of Greek debt has a new dimension, as a large proportion of banks involved in the negotiations expressed the...
EU: Expanding EFSF Won΄t Allow Greek Debt Restructuring
The expansion of the euro zone΄s sovereign debt fund won΄t allow a further restructuring of Greek debt, a European Commission spokesman said Monday.
There are...
Greek Parliament Approves EFSF In Preliminary Vote
Greece΄s parliament approved legislation implementing Europe΄s enhanced temporary bailout fund in a preliminary vote Wednesday.
The legislation was approved in principle by a vote of...
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...
Greek FM: Greece May Tap EFSF In 2012
Greek Finance Minister Giorgos Papaconstantinou said on Tuesday that Greece may resort to the Eurozone’s rescue fund (EFSF) in 2012 if the cost of...
Greece To Resort To EFSF In 2012
Eurozone Finance Ministers will discuss later on Monday the fine print of a deal covering the Eurozone΄s bailout funds.
European Summit decided on Saturday to...
European Stability Mechanism Approves Athens' Request for Early Repayment of IMF Loans
The European Stability Mechanism (ESM) on Monday approved an early partial repayment of Greece's outstanding loans to the International Monetary Fund (IMF).
At the same...
ESM Lauds Greek Economy's Achievements, Warns About Future Measures
The European Stability Mechanism (ESM) published its annual report for the year 2018 on Thursday.
The European Institution praised Greece for its recent efforts strengthen...
Billion-Euro Debt Relief Measures Approved for Greece
The Board of Directors of the European Financial Stability Facility (EFSF) approved on Thursday debt relief measures for Greece totaling almost one billion euros,...