European Stability Mechanism

ESM’s announcement on Greece’s exit from the memoranda

Following the official conclusion of the support program for Greece, the European Stability Mechanism (ESM) presents, in an announcement, the progress of Greece’s economy...

Equivalent measures for keeping the VAT low on five islands for six months

Within the next few days, the Finance Ministry will send to the Institutions the list of the equivalent measures amounting to 28 million euros...

ESM gives the green light for the next tranche of the Greek program

On Wednesday, 5.7 billion euros, out of the total tranche of 6.7 billion euros approved by the European Stability Mechanism (ESM), will be disbursed....

Greece looks set to return to the markets with a 7-yr bond issue next...

By Dimitris Kontogiannis Greece is likely to tap international markets with a 7-year bond next week, according to informed sources, in a bid to build...

ESM disburses the 800 million euro sub-tranche for Greece

On Monday, the European Stability Mechanism (ESM) announced the disbursement of the 800 million euro sub-tranche for the repayment of State arrears. This amount...

“A Green light” from the ESM for the disbursement of 7.7 million Euros

The Governing Body of the European Stability Mechanism (ESM) is expected to decide this afternoon, if the disbursement of the 7.7 billion euros installment...

Regling: Greece may return to markets in 2017 or a little later

In an exclusive interview to ERT, Managing Director of the European Stability Mechanism (ESM) Klaus Regling expressed his belief that Greece may return to...

Athens seeking political agreement on Monday’s Eurogroup meeting

On Monday’s Eurogroup meeting, Greek officials anticipate a political solution as to three main axes, i.e. reforms, primary surpluses and medium-term debt relief measures. There...

EuroWorking Group discusses implementation of the debt relief measures

Greek Finance Minister Euclid Tsakalotos will provide the EuroWorking Group, which is meeting on Wednesday, with a written affirmation that the allowance to poorer...

Parliament voted by great majority in favor of the allowance to low pensioners

The Parliament passed the government regulation for the one-off allowance to low pensioners by great majority. 196 MPs (SYRIZA, Independent Greeks, Golden Dawn, Democratic Alignment...