The CEO of the European Stability Mechanism (ESM), Klaus Regling believes Greece can regain the markets’ trust and return on a path of economic growth if it implements the agreed reforms.

Cyprus has received a positive seventh review of its continuing financial adjustment program by Eurogroup.

Speaking today at a National Bank of Greece event, its new governor Yiannis Stournaras claimed that the nation's economic recovery is not maintainable without new loans, as reported by ANA-MPA.