ESM

Greece’s request for a loan from the European Stability Mechanism (ESM) is currently being reviewed by Eurozone technical experts in the Euro Working Group, according to Reuters. However, it was announced that there will not be a conference between...

  The Eurozone’s nineteen Finance Ministers held a teleconference on Wednesday to discuss Greece’s request for a two-year deal with the European Stability Mechanism (ESM) and decided to not take further action on the matter until after Sunday’s referendum. Eurogroup President Jeroen Disselbloem said...

  Tuesday evening’s urgent Eurogroup teleconference resulted in the arrangement of another conference for Wednesday, July 1, at 11.30 am Central European Time. The meeting was scheduled after the Greek government submitted a request to the European Stability Mechanism for a two-year...

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 pm and the two negotiating teams must have reached a staff level agreement by then. Wednesday...

The Greek government is requesting a nine-month extension of the current loan agreement to ensure the funding of Greece's economy, government sources in Brussels said on Wednesday. According to the sources, the request includes funds from the European part of the...

Greek Finance Minister Yanis Varoufakis outlined a plan that he said will allow Greece to return to market borrowing, in an interview to Greek newspaper "Avghi." Among others, the plan called for the issue of a low-interest, 30-year loan...

Greek Prime Minister Alexis Tsipras should not let the sacrifices of Greek people go to waste after all the painful reforms, said Klaus Regling, head of the European Stability Mechanism (ESM). Regling talked to German tabloid Bild on Tuesday regarding...

The Greek government on Thursday presented to Parliament the document on the reasons why the extension of the loan agreement between Greece and the European Financial Stability Fund does not need to be voted in Parliament. The document was signed...

The model of Cyprus might be the best solution for Greece in order to force the government's implementation of the structural reforms it has already agreed to with the country’s creditors. This is what the German magazine Der Spiegel...

The European Stability Mechanism (ESM) approved on Tuesday the transfer of 555 million euros from the Hellenic Financial Stability Fund (HFSF) to the Greek State, sources said. The funds come from the dividend payments of preferential shares that banks received...