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Greece Planning €19B 'Safety Net' to Avoid More Loans

Greece is drawing up plans for its own €19-billion ‘safety net’, to avoid the need for more credit from international lenders, Athens' finance minister...

ESM Has Favourable Lending Rates For Countries Like Greece

The European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) have  the current low interest rates with some long-term bond issues in...

ESM's Klaus Regling Talks about Greek Debt in Interview with 'Delo'

The head of the European Stability Mechanism (ESM) Klaus Regling on Wednesday appeared confident that the ESM will not be greatly affected by the...

NBG Owners to Meet May 10 to Approve €2.5bn Share Issue

Greece's second-biggest lender, the National Bank of Greece has unveiled the terms of a planned share capital increase that must be approved by the shareholders'...

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...

Greek State Has Sufficient Funds Until October 13

Greek government prepares plans to postpone payments, raise higher amounts through bond issues and sale of shares and bonds to increase available funds. Government executives...