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Klaus Regling

ESM's Regling: Optimistic in Finding Solution to Greek Debt Sustainability

The short-term measures on Greece’s debt that the European Stability Mechanism (ESM) is preparing will be presented at December’s Eurogroup, ESM’s Managing Director Klaus Regling said after the Eurogroup meeting in Brussels on Monday. Regling said there’s been progress in...

ESM Chief: Greece Can Borrow From Markets in 2017, Provided Reforms are Implemented

Greece can borrow from the markets in 2017, provided that it continues implementing economic reforms, said the President of the European Stability Mechanism (ESM), Klaus Regling on Tuesday. Regling spoke at the 12th Economist Conference in Nicosia, Cyprus, and referred...

ESM Chief Klaus Regling Says Debt Relief Not Necessary for Greece

European Stability Mechanism (ESM) Chief Klaus Regling told reporters on Wednesday evening that Greece will have no problem concerning its debt for the next decade. "In the short-term, there's no problem," he said, aligning his views to those of...

ESM Board of Directors Approves 2.8 Bln Euro Disbursement to Greece

The Board of Directors of the European Stability Mechanism (ESM) today authorized the disbursement of 2.8 billion euros to Greece, which is the remaining amount of the second tranche of ESM financial assistance. “Today’s decision to disburse 2.8 billion euros...

No Need to Ease Greek Debt for Now, German FinMin says

German Finance Minister Wolfgang Schaeuble on Wednesday put an end to Greece's wish to ease its debt any time soon, despite the Greek government's insistence. Prime Minister Alexis Tsipras announced in parliament on Tuesday that the issue of debt relief...

ESM Chief K. Regling: Greece Can Return to Borrowing from Markets as of Next Year

Greece will be able to start issuing bonds and borrowing from the markets soon, possibly by next year, European Stability Mechanism Managing Director Klaus Regling said in an interview with the Slovakia's "Hospodárske noviny" newspaper published on Friday. According to...

Greece Will Not Get Bailout Tranche in September, German Report Says

The euro zone will not give the green light for bailout funds to Greece in September at the Bratislava Eurogroup on Friday, according to German financial newspaper Handelsblatt Global. The report cites European Commission officials who argue that the reason...

ESM Chief Puts Greece's Hopes on Low Primary Surpluses on Hold

European Stability Mechanism President Klaus Regling sent a clear message to Greece that it should not expect lower primary surplus targets than those set by creditors. Athens has been trying to convince its lenders that the targeted 3.5% primary surplus...

Regling: In Coming Weeks ESM will Present Proposals for Short-term Debt Relief for Greece

European Stability Mechanism (ESM) will present in the coming weeks its proposals on short-term debt relief for Greece, its managing director Klaus Regling said on Thursday in an interview with French newspaper Les Echos. Regling described the three short-term measures:...

Greek Bailout Program Can Succeed Without IMF, says Fund's Chief

The non-participation of the International Monetary Fund in Greece's bailout program does not mean the program will fail, said the Fund's chief Christine Lagarde. The IMF managing director spoke to AFP on Thursday, saying that there is a possibility the...