The European Stability Mechanism (ESM)

Greece will need less in emergency loans from international lenders than originally agreed in its third bailout program due to a better-than-expected budgetary development, the head of the euro zone bailout fund said in comments published on Monday.

The CEO of the European Stability Mechanism (ESM), Klaus Regling believes Greece can regain the markets’ trust and return on a path of economic growth if it implements the agreed reforms. Speaking to a convention in Munich on Thursday, Mr.

Eurozone President Jeroen Dijsselbloem has issued a written statement following the informal mini-Eurozone meeting in Brussels, late Friday. “Today the Greek minister of Finance, the institutions (European Commission, ECB, ESM and IMF) and I had a constructive meeting on the state of play of the second review.

Eurogroup President Jeroen Dijsselbloem said the size of Greece’s primary budget surplus, which excludes interest payments, would be one topic of discussion at a planned meeting in Brussels later on Friday. Apart from Mr.

Executive Director of the European Stability Mechanism (ESM) Klaus Regling stresses there is no reason for concern over the Greek debt in an opinion article published in the Financial Times. Mr.

Klaus Regling, the managing director of the European Stability Mechanism (ESM) said Greece was a “special case” during a speech before the European Parliament, Wednesday. The ESM chief stressed Greece was in the middle of its 3rd fiscal adjustment program, contrasting its progress with the other countries that collaborated with the ESM which had successfully completed their programs.

Setting up a European bad bank to absorb the mountain of bad loans saddling lenders in several eurozone countries would be a "valuable" move to improve the bloc's financial stability, the head of eurozone bailout fund, the European Stability Mechanism (ESM), said on Monday.

Greece's public debt can be manageable, the eurozone bailout fund said on Sunday, responding to a leaked report by the International Monetary Fund that the country's debt will explode to 275 percent of GDP by 2060.

The EuroGroup released a statement on Greece and its talks during Thursday’s meeting. The full statement is as follows:

Continuing Greece's program without the International Monetary Fund (IMF) or without funding from the Washington-based institution could help break the deadlock caused by disagreements between the institutions, sources from Maximos Mansion said Friday.