European Financial Stability Facility (EFSF)

Greece made a 3.2-billion-euro payment to the European Central Bank (ECB) on Thursday. Reuters cited an anonymous Greek government senior official who was quoted as saying that "the payment was made, the funds are on their way." The money for this payment came from the...

"The timetable for the negotiation process over the third rescue package for Greece is difficult to be met," German news magazine Focus said, citing a German officials' assessment. Consequently, as it is noted, the German Parliament meeting that had already been planned...