Banking

Banking

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European Central Bank (ECB) President Mario Draghi gave his assurance today that the Greek banks can continue to rely on emergency liquidity assistance (ELA). "ELA will continue to...

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Forget the monotonous term "Grexit" that has occupied thousands of newspaper pages throughout the years of the crisis, Citigroup Inc. economist Ebrahim Rahbari adds...

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Neighboring countries put Greek bank subsidiaries in quarantine in fear of contagion should there be an economic "accident" in Greece, a "Kathimerini" report said. The...

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The European Central Bank (ECB) has raised the cap on Emergency Liquidity Assistance (ELA) available to Greek banks by 800 million euros late on...

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A Swiss senior banker who was among the key suspects in the so-called Siemens scandal as well as in armament programs scandals is currently...

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An interesting scenario regarding Greece’s future in the monetary union that has not been on the table so far was published today by Reuters....

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The Euro Working Group discussion on the Greek issue ended shortly after 2pm on Wednesday, March 25. The Eurozone officials decided that Greece had...

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The European Central Bank (ECB) has decided to raise the Emergency Liquidity Assistance (ELA) to Greek banks. The ECB will increase funding from 68.9 billion...

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Eurogroup President Jeroen Dijsselbloem has requested from the Euro Working Group and the European Financial Stability Facility (EFSF) to examine Greece’s request for a...

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“The Greek government has done nothing for a year to recover supposedly untaxed assets of Greek citizens in Switzerland. There is an invitation extending...

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Today, the European Central Bank (ECB) decided to increase the maximum amount of Emergency Liquidity Assistance (ELA) that Greek banks can receive from the...

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The European Stability Mechanism (ESM) approved on Tuesday the transfer of 555 million euros from the Hellenic Financial Stability Fund (HFSF) to the Greek...