Calamos Supports Greece

Klaus Regling

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, head of the European Stability Mechanism (ESM). Regling talked to German tabloid Bild on Tuesday regarding...

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 its lenders and there will be no further funds for Athens without it,” during an...

EFSF Chief Regling: Greece Has Yet to Submit a Comprehensive Reform List

The Chief Executive Officer of the European Financial Stability Facility (EFSF) Klaus Regling said the Greek government has not yet submitted a comprehensive list of economic reforms as requested by the country's international lenders. In an interview with the...

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 board of directors to amend the Master Financial Assistance Facility Agreement (MFFA) for the purpose. Instead...

Regling: Discussion on Greek Debt Relief Possible Only if Reforms Continue

In an interview with Portuguese newspaper "Diario Economico," European Stability Mechanism (ESM) Managing Director Klaus Regling left the possibility open that a discussion on further debt relief for Greece might begin, provided the country continued the reforms and measures...

Klaus Regling: Higher Uncertainty in Greece

"Higher uncertainty seems to exist in Greece in comparison with Spain, Portugal and Ireland, where governments have changed but the adjustment program continued with small changes. Governments supported the overall direction and therefore the markets were appeased," stated...

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 Greece a two-month technical extension of its 2nd economic adjustment program financed by the fund. Instead...

Regling: ECB Review Will Clarify Greece's Funding Needs

The European banking sector review expected this coming Sunday, October 26, will clarify Greece's funding needs, said European Stability Mechanism (ESM) head Klaus Regling earlier today. Regling also stressed that the Eurozone should keep the funds it is allocating for crisis...

ESM: EU, IMF "In No Mood" for Greek Debt Haircut

European Stability Mechanism (ESM) Managing Director Klaus Regling stated to Greek newspaper "Realnews" that Greece’s international lenders are “not in the mood” to consider a debt haircut. "There is no political mood in the EU or the IMF for a Greek...

Regling: Greece Has Money For Bank Recapitalization

Portugal and Greece have money set aside to recapitalize their banks if the European Central Bank (ECB) uncovers problems during its asset-quality review and stress test, European Stability Mechanism (ESM) chief Klaus Regling said, according to Bloomberg news agency. The...