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Posted by: Jenny Gesley
This blog post is part of our Frequently Asked Legal Questions series. On July 12, 2015, the euro-area member states agreed in principle to start negotiating a third loan package with Greece. The loan will be provided by the European Stability Mechanism (ESM), which was set up in 2012 by the euro-area member states. Yesterday I looked …
Posted in: Frequently Asked Legal Questions (FALQ), Global Law, In the News
Posted by: Jenny Gesley
This blog post is part of our Frequently Asked Legal Questions series. On July 8, 2015, the new Greek Finance Minister Euclid Tsakalotos submitted a request for a third loan package to the European Stability Mechanism (ESM). The ESM was set up in 2012 as a permanent intergovernmental organization under public international law to issue debt instruments …
Posted in: Frequently Asked Legal Questions (FALQ), Global Law, In the News