ECONOMY

Greece can return to markets in 2017 if reforms keep up, says ESM’s Regling

Greece can return to markets in 2017 if reforms keep up, says ESM’s Regling

Greece could start returning to financial markets next year if it keeps up with economic reforms, the head of the European Stability Mechanism (ESM), the eurozone's bailout fund, said on Tuesday.

“We’ve assisted five countries during the crisis: Greece, Ireland, Portugal, Spain and Cyprus. Four of these are now success stories,” Klaus Regling told a conference in Nicosia.

“I expect that Greece can also begin to return to markets next year, if it continues to reform,” he said.

[Reuters]

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