Regling: Greece will successfully exit bailout, ‘if it continues reforms’

1 March 2018
635 Views

ESM Managing Director Klaus Regling again appeared confident that Greece will successfully exit the current – and presumably last – bailout in August 2018, while nevertheless repeating European creditors’ caveat of “as long as it continues implementing reforms.”

Speaking in Frankfurt, the powerful ESM chief said that if the Greek government continues on its present course, it will be able to refinance itself regularly from its own resources and via the markets.

At the same time, he reminded that Greece had many more problems compared to other Eurozone members who were extended rescue programs since 2010, as well as the weakest public administration.

“However, I would like to underline the fact that Greece has posted very significant progress in implementing reforms, which it committed to in 2015,” he added.

You may be interested

Greek government considers introducing time limit in movement of citizens outdoors
GREECE
shares9 views
GREECE
shares9 views

Greek government considers introducing time limit in movement of citizens outdoors

Panos - Mar 31, 2020

Greek government spokesman Stelios Petsas alluded to the prospect of tighter controls on the curfew in an interview with SKAI…

Coronavirus Greece: 43 dead, 56 new cases, 1.212 in total
GREECE
shares17 views
GREECE
shares17 views

Coronavirus Greece: 43 dead, 56 new cases, 1.212 in total

Panos - Mar 31, 2020

The dead from the coronavirus in Greece has reached 43 as confirmed by the official announcement of Sotiris Tsiodras on…

Weather forecast: Clouds, rain
GREECE
shares12 views
GREECE
shares12 views

Weather forecast: Clouds, rain

Panos - Mar 31, 2020

Clouds, rain and northerly winds are forecast for Wednesday. Wind velocity will reach 6 on the Beaufort scale. Partly cloudy…

Leave a Comment

Your email address will not be published.