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Reserve your right to act at a later stage

02 July 15 | Klaus Regling
Klaus Regling

COMPANIES

ETAD.A.E.

Public entity - GREECE

Savills

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

IBI Group

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
European Financial Stability Facility (EFSF) chief Klaus Regling recommended to eurozone state members to reserve their rights before Greece following the latter's breach to meet its obligations to the IMF, according to sources.

 

The same sources said late Wednesday that the head of the EFSF suggested to not ask for the immediate payment of the loan to Greece but to reserve their right to act at a later stage without however, specifying the exact period.

Finally, the specific recommendation is expected to become official on Friday at the EFSF board's meeting.

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