Tags
ESM
RSS-
PoliticsGreek Politics
Lenders provide words of support and warning regarding debt talks Representatives of the Greek government and its lenders continued on Wednesday to publicly exchange views about the country’s programme and the prospects of concluding the review in the coming days but failed to provide any clarity about whether there will be an agreement at the June 15 Eurogroup or what kind of compromise could emerge.
-
PoliticsGreek Politics
Tsipras gives mixed message on expectations for crucial upcoming Eurogroup Prime Minister Alexis Tsipras gave mixed messages on Wednesday about what kind of proposal he might accept at the June 15 Eurogroup.
-
EconomyProgramme
ESM takes stock of Greece's sovereign vulnerability The European Stability Mechanism (ESM) published a report last week that assessed sovereign vulnerabilities in the five eurozone countries that had received bailout loans.
-
PoliticsGreek Politics
Outline deal clinched at Eurogroup, focus now moves to Athens Friday’s Eurogroup in Malta resulted in Greece and the institutions reaching an agreement in principle that paves the way for the missions to return to Athens and a staff-level agreement (SLA) to be secured.
-
PoliticsGreek Politics
Lack of clarity across the board highlights review impasse There appeared little chance of any progress in the talks between Greece and its lenders on Thursday as it emerged that Alternate Finance Minister Giorgos Houliarakis would not be attending the Eurogroup Working Group (EWG).
-
EconomyProgramme
ESM and EFSF approve short-term debt relief measures for Greece The short-term debt relief measures for Greece were approved by the board of directors (BoD) of the European Stability Mechanism (ESM) and the European Financial Stability Fund (EFSF) on Monday.
-
EconomyProgramme ESM board to specify rules on short-term debt relief measures The European Stability Mechanism (ESM) said on Thursday that its board of directors (BoD) will meet on January 23 to specify the rules of the short-term debt relief measures for Greece.
-
PoliticsGreek Politics
Lenders' reaction to pension pledge leaves Tsipras short of options Greece’s negotiations with its lenders became more complex on Wednesday when the European Stability Mechanism revealed that it has put on hold the implementation of short-term debt relief measures agreed at this month’s Eurogroup because of doubts regarding the benefits for pensioners announced by Prime Minister Alexis Tsipras last week.
-
EconomyProgramme
A breakdown of Greece’s revised financing needs as part of its new ESM programme The European Commission (EC) recently published its updated assessment of Greece’s financing needs, which now stand at 85.5 billion for the 3-year period ending on August 2018, 3.8 billion above those presented in the eligibility report released on July 10.
-
EconomyProgramme
Greece sends request for 3-year ESM programme, reform proposals to come As agreed at Tuesday’s Eurogroup, the new Greek Finance Minister Euclid Tsakalotos sent a letter on Wednesday to the European Stability Mechanism (ESM) officially requesting a new 3-year programme.