EFSF
ECB starts buying EFSF-issued bonds held by Greek banks, offering capital gains
The European Central Bank has implemented the first European Financial Stability Facility (EFSF) bond acquisitions from Greek banks, in accordance with a decision by the Eurosystem to that effect.
Hurrah… ESM board officially approves bailout for Greece
The European Stability Mechanism’s (ESM) board of governors on Wednesday evening approved Greece’s latest bailout plan, the third since 2010.
The truth about creditors role in Greek debt
By the Truth Committee on Greek Public Debt
- Read more about The truth about creditors role in Greek debt
- Log in to post comments
EFSF board of directors reserves right to act upon Greece’s default
The Board of Directors of the European Financial Stability Facility (EFSF) decided on Friday to opt for a Reservation of Rights on EFSF loans to Greece, after the non-payment of Greece to the International Monetary Fund (IMF).
ESM: MoU hasn’t run out – Greek govt: No, it ended with the election
Back-and-forth statements between Greece’s lenders and the new leftist government have turned into a proverbial tug-of-war.
While the Greek side insists on clarifying that the Memorandum is over, ESM Managing Director Klaus Regling tried to bring the former back to reality, saying that the “Memorandum has not ended, nor has it been suspended by the loan agreement”.