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Spanish FinMin and EFSF: Memoranda Not Over for Greece

A third bailout package for Greece amounting between 30 and 50 billion euros is currently being envisaged by the Eurozone member-states' Finance Ministers, according...

EFSF Extends Availability of Funds for Greece by Four Months

The availability of European Financial Stability Facility (EFSF) funds for Greece will be extended by four months, following a Friday decision by the facility's...

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...

EFSF Clears 1 Billion Euros Loan Tranche to Greece

The Board of Directors of the European Financial Stability Facility (EFSF) approved on Wednesday the disbursement of a 1 billion euros loan tranche to Greece,...

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...

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...

EFSF’s Regling Says Greece Needs Time

With two bailouts and three years of austerity measures failing to right Greece's faltering economy, Klaus Regling, Chief Executive officer of the European Financial...

Cyprus: Possibility to Turn to EFSF “Serious”, Says Government

There is a serious possibility the Cyprus government might have to turn to the European Financial Stability Facility (EFSF) in order to get support...

EFSF Bailout Fund Approves Greek Emergency Payment

Euro zone governments kept Greece afloat on Wednesday after agreeing on a payment of 5.2 billion euros from the region's bailout fund, despite opposition...

Greek Euro Exit Would be Catastrophe: EFSF Head

A Greek exit from the euro zone would be catastrophic not just for Greece, the head of the euro zone's temporary rescue fund said...