Regling: Greece foray into markets this year or 2018 if reform program continues
European Stability Mechanism (ESM) Managing Director Klaus Regling on Monday said it was likely that currently bailout-dependent Greece may return to the markets for its borrowing needs this year or 2018, “if its reform program continues with success”.
Regling, in statements to Greece’s state-run broadcaster (ERT), underlined that the markets are closely watching if the current leftist-rightist coalition government in Athens is taking “ownership” of the program and if it is continuing to implement agreements made with the Eurogroup and ESM.
His statements echoed comments by EuroWorkingGroup (EWG) President Thomas Wieser over the weekend, who forecast that Greece will borrow from the markets in the autumn of 2017 or spring of 2018.
You may be interested
Greek Defence Minister: “38 Greek jet fighter got airborne in the Aegean & gave a surprise lesson to Turkey”makis - Dec 11, 2019
The Greek Minister of Defence Nikos Panagiotopoulos praised the operational capabilities of the Greek Armed Forces, revealing a recent surprise…
Greek court forbids use of apartment for Airbnb accommodationmakis - Dec 10, 2019
A Greek court issued a ruling forbidding the use of an apartment for Airbnb in the city of Nafplio. The…