European Stability Mechanism boss with an interview to Le Figaro
Le Figaro: "Should we fear another crisis?"
Regling: "I don't think so. The atmosphere is totally different. The first 6 months of last year were a disaster. The finance minister didn't co-operate at all with the European institutions. We now have a relationship of trust with Euclid Tsakalotos.
The situation is still difficult but today we are working together with Greece and our objectives are similar."
Peace and love may prevail but don't expect a full agreement any time soon.
- Greece has about €4bln in debt service payments in Q1
- strong likelihood it will run a small primary deifict
ESM's Regling - No crisis looming over Greece
