The European Stability Mechanism (ESM)

The next significant step is Greece’s preparation to enter the markets”, Klaus P. Regling, the Managing Director of the European Stability Mechanism (ESM) said. In a briefing note to the members of the ESM Mr.

A Greek debt relief scenario that put back interest payments until 2048 would mean the nation's eurozone creditors deferring receipt of up to 123 billion euros, according to a forecast by Germany's Finance Ministry.

An open letter by Peter Koenig, an economist, geopolitical analyst and a former World Bank staff:

Dearest and Esteemed People of Greece,

The Greek debt will be officially included on the May 22 EuroGroup agenda, according to the head of the body Jeroen Dijsselbloem. In the regular briefing to the Dutch parliament Mr.

German Chancellor Angela Merkel will host Emmanuel Macron for talks in Berlin on Monday, a day after the new French president is due to take office, AFP reported.

The German leader had welcomed Macron's resounding election win on Sunday, saying he "carries the hopes of millions of French people and also many in Germany and across Europe".

Greece is the laggard in a list of the eurozone countries ranked according to their economic strength by the European Stability Mechanism (ESM).

The European Stability Mechanism (ESM) -- the euro zone's bailout fund -- should ultimately be turned into a European version of the International Monetary Fund, the head of euro zone finance ministers said on Monday in a German newspaper.

The Finance Ministers of the countries in the Euro zone will discuss the development of the second review for macroeconomic corrections of Greece.

Greece must not be granted a "bail-in" that would involve creditors taking a loss on their loans, Germany's deputy finance minister said in an interview broadcast on Sunday, reiterating the German government's opposition to debt relief for Athens.

"There must not be a bail-in," Jens Spahn told German broadcaster Deutschlandfunk, according to a written transcript of the interview.

Greece will probably be able to borrow money on the markets from the middle of next year and if the next 18 months are put to good use Athens probably won't need another bailout, the head of the eurozone bailout fund has told a German newspaper.