Search

Interview with Klaus Regling, ESM Managing Director
Published in Augsburger Allgemeine (Germany), 19 February 2018
Interview conducted on 15 February 2018
Interviewer: Michael Kerler
 
 
Augsburger Allgemeine: Mr. Regling, what does the situation in the crisis countries look like today? Have they put the crisis behind them with the help of the ESM rescue packages?

Interview with Klaus Regling, ESM Managing Director
Published in Delo (Slovenia), 10 February 2018; interview conducted on 2 February 2018

Luxembourg – The Board of Directors of the European Stability Mechanism (ESM) today approved a request by Spain to make two voluntary early repayments towards its ESM loan, totalling €5 billion.
 
It is the seventh time Spain will make an early repayment of its loan, which was used to recapitalise its banks in 2012 and 2013. Following the two repayments, Spain’s outstanding debt to the ESM will stand at €26.7 billion.
 

Luxembourg - The European Financial Stability Facility on Wednesday raised €3 billion in a new 10-year bond, leaving just €1 billion in funding needs for the remainder of the quarter.
 
“Today’s deal was a very successful step towards completing the EFSF’s first-quarter funding needs. Order books were strong despite the market turmoil this week, enabling us to price the deal at a level benefiting current and former programme countries,” said Siegfried Ruhl, EFSF Head of Funding and Investor Relations.
 

Interview with Klaus Regling, ESM Managing Director
Published in Kathimerini (Greece), 28 January 2018
Interviewer: Eleni Varvitsioti
 
 
Kathimerini: We often hear that Greece will have enhanced surveillance after the end of the programme, unlike the other programme countries like Portugal, Ireland, etc. What would be best for the markets: to have more surveillance than the other countries or would they prefer to see Greece without surveillance?