ESM Chief Says Greece Doesn’t Need to Tap Markets For Two Years

ESM Chief Says Greece Doesn’t Need to Tap Markets For Two Years
By Stephanie Bodoni
(Bloomberg) — We are in close contact with the Greek debt office, have even provided technical assistance, but, in the end it’s always their decision, ESM Managing Director Klaus Regling tells reporters in Luxembourg when asked about Greece selling bonds.

“They don’t need to go to the market for 2 years,” there’s enough time, “they can see how markets develop”

Greek bond yields depend partly on what’s happening in Greece but also in other countries, also in Turkey, their neighbor
“They look at it, they are quite professional so I’m confident they are doing the right thing”