Press Release - Klaus Regling at Eurogroup press conference - Transcript of remarks by ESM Managing Director Klaus Regling - Press conference after Eurogroup meeting, 19 February 2018
Good evening, let me add a few words from the perspective of the ESM. First on Greece, and as you heard, we had a meeting of the Board of Governors of the ESM to adopt the Supplemental Memorandum of Understanding for Greece. The Board of Governors is composed of the 19 euro area finance ministers, so it’s the same group but they change their hats. It is the highest decision-making body of the ESM. The Governors’ decision today was necessary so that the Commission can sign the Supplemental MoU on behalf of the ESM. And this is one important step towards the disbursement of the fourth tranche of €6.7 billion under the ESM programme.