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Thursday
21
Nov 2024
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Athens 19°C

> European Stability Mechanism (ESM)

> European Stability Mechanism (ESM)

ESM returns €644.42 profits of Greek bonds

The decision is in the context of the Greek debt relief measures

PM Mitsotakis: Europe united can do a great deal more

"The current ordeal could, instead, serve to breathe new life into the idea of Europe", the Prime Minister stated

Cyprus gets Eurozone OK for early repayment of IMF…

...but must be ready then to repay the same amount of loans it took from the Eurozone fund

ESM Head Regling warns Greece needs to pick up pace of prerequisites

He said Greek authorities are working with its EU partners to achieve the goal

Klaus Regling: Greek debt is sustainable

The head of the ESM said the Euro was safer than 10 years ago

Greek issue to be discussed briefly at the Eurogroup on December 3

Most of Monday's session is expected to be devoted to the proposals for the deepening of the Eurozone

ESM head Regling: Schauble’s thought on a Grexit was not wrong

Klaus Regling says a banking union in the EU is needed to safeguard the Eurozone

ESM chief Regling: Technical work has begun for Greek debt relief

The ESM head expressed his optimism about Greece's progress

How EU reckons Greece can make a successful return to markets

The process will require a series of successful bond sales & the build-up of a "sizeable" cash buffer