epa02984246 Klaus Regling, chief executive of the European Financial Stability Facility (EFSF) speaks to students and faculty members during a talk at Tsinghua University School of Economics and Management in Beijing, China on 29 October 2011. The head of the Eurozone's bailout fund is in Beijing to persuade China to invest in the fund created to rescue ailing member countries mired in a debt crisis. EPA/HOW HWEE YOUNG (File: INT10540368.jpg )
The chief of the European Support Mechanism Klaus Regling has clarified that only if the Greek government carried out the agreed upon reforms will any debt relief take place. Mr. Regling made the statement in Ljubljana.
Ever since the snap election was called in Greece earlier in August, there have been some concerns expressed over the implementation of the reforms that have been agreed upon in the third bailout.
