trending Market Intelligence /marketintelligence/en/news-insights/trending/mzjjkns8ysy2reixvb0nuw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Eurozone creditors approve new €6.7B loan to Greece

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Eurozone creditors approve new €6.7B loan to Greece

The European Stability Mechanism said its board of directors approved the fourth tranche of financial aid to Greece worth €6.7 billion after the country completed an extensive set of reforms.

A first subtranche of €5.7 billion is expected to be disbursed March 28, according to the European Stability Mechanism, or ESM, which is the eurozone's bailout fund. The remaining €1 billion would be released after May 1, pending another review by the ESM board.

The latest loan to Greece will be used for debt service, domestic arrears clearance and setting up a cash buffer, the ESM said.

ESM managing director Klaus Regling said the reforms completed by Greece included those in the areas of privatization, public revenue collection, tax policy and resolution of nonperforming loans.

"The fourth and final review of the programme has already started and I am confident that Greece is on track to successfully exit the ESM programme in August 2018, provided that the remaining reforms are implemented by the Greek government," Regling said.

Following the approved €5.7 billion disbursement, the ESM said its aid to Greece will total €45.9 billion.

The ESM and the European Financial Stability Facility are the largest creditors to Greece, having disbursed so far €187.77 billion in financial assistance.