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EU Adds More Pressure on Greece Ahead of Referendum; EFSF Statement
One day before Greeks vote in a referendum to accept or reject a bailout deal the EU has offered them, the European Financial Stability Facility...
EFSF Not to Demand Immediate Repayment of Greek Loans
The European Financial Stability Facility (EFSF) announced on Friday that it will not demand immediate repayment of Greece's loans, while it reserved the right to do...
EFSF Threatens to Cancel Loan Contracts, Demands Immediate Repayment of Greek Loans
The European Financial Stability Facility (EFSF) said on Wednesday that it is considering action that includes "accelerating" its loans to Greece and demanding immediate repayment, in...
EFSF Announces End of Greek Bailout Programme; Greece on its Own
The European Financial Stability Facility (EFSF) just released a statement announcing the end of its financial assistance to Greece. After the end of the...
Creditors Give Greece Ultimatum and Deadline, All Outcomes Possible
Greece is facing an ultimatum by creditors and Prime Minister Alexis Tsipras is racing with time as a Eurogroup session is scheduled at 2:00...
ESM Head: Tsipras Should Not Squander Sacrifices of Greeks
Greek Prime Minister Alexis Tsipras should not let the sacrifices of Greek people go to waste after all the painful reforms, said Klaus Regling,...
European Stability Mechanism: 'Little Time Left for Greece'
German economist and head of the European Stability Mechanism Klaus Regling noted that “time is running out for Greece to reach an agreement with...
Greek FinMin Varoufakis: Greek Gov't Hopes for Agreement Before April 20
The Greek government hopes to reach agreement with institutions a lot sooner than April 20, Greek Finance Minister Yanis Varoufakis said in Brussels on...
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...
Spiegel: Europe Considers a Grexit 'Manageable'
European finance ministers consider that if Greece and Cyprus exit from the common currency bloc, the risk for Europe would be manageable, according to...