Regling: Greece will successfully exit bailout, ‘if it continues reforms’
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
JOKER results: 18/08/2019Panos - Aug 18, 2019
The winning numbers from the JOKER draw are as follows:
Lotto results: 17/08/2019Panos - Aug 17, 2019
The winning numbers from the Lotto draw are as follows:
KAS to meet in bid to change rules on Elliniko projectmakis - Aug 16, 2019
The Central Archaeological Council (KAS), Greece’s top advisory body on the protection of antiquities, which has quite a few new…