credit line

No credit line or further measures will be needed, ESM’s Regling says

A precautionary credit line is not necessary, European Stability Mechanism (ESM) chief Klaus Regling said on Wednesday in an interview with Skai TV adding that no additional fiscal measures will be needed after Greece completes its adjustment program.


Finance Minister Euclid Tsakalotos: Greece’s credibility has improved over the last 2.5 years

Finance Minister Euclid Tsakalotos explained on Wednesday the reasons he is not in favour of a credit line after Greece’s exit from the loan memoranda and why he considers Greece’s joining the European Central Bank’s (ECB) quantitative easing programme a positive move but not necessary for returning to the markets.