ESM chief Klaus Regling posted on Twitter on Monday a video message on Greece’s exit from the memoranda.
“This is a day to celebrate. Greece will leave its ESM programme and regain financial independence. Eight years ago the situation was very, very difficult. Greece had serious economic problems and lost market access. Since then the Greek economy, the Greek people have worked very hard to get out of these problems, to modernise the economy, and create again growth and employment. This should continue. The reforms must continue so that Greece’s economy can become a modern European economy. Greece will not be on its own. The ESM will be a long-term partner of Greece. We have an interest that the Greek economy does well in the future.”