ESM adds to chorus of warnings

European Stability Mechanism chief Klaus Regling reiterated on Thursday the eurozone's doubts over Greece achieving a primary budget surplus equal to 3.5 percent of gross domestic product after the handouts recently voted by Parliament.

"We are certain there is a great risk that Greece won't achieve its fiscal targets," said the German official, while adding that he had taken into account the position of the Greek government that the goals will be reached by year-end.

Regling told a press conference in Luxembourg that the requirement to maintain a primary surplus of 3.5 percent until 2022 was part of the agreement for debt relief, and that failure to make that level would lead to the freezing of the debt-lightening measures.

He went on to express his worries about the way the Greek authorities have ignored the creditors in voting for the controversially named ...