European Stability Mechanism (ESM) Managing Director Klaus Regling is celebrating:
- "Greece is exceptional. It has received much more loans from us than any other country"
He adds monitoring will continue:
- "No other program country has received anything comparable. Therefore, the monitoring will be tighter than in the other cases and this will take the form of the so-called enhanced surveillance"
And it looks like what's his name has lashed out and bought a tie:
The Greek bailout has been around nearly as long as ForexLive: