Banking

Banking

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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...

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A potential Grexit probably wouldn’t be a major deal for foreign banks, ratings agency Standard & Poor’s said on Tuesday, adding that it doesn't plan to...

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Greek bankers estimate that the amount of non performing loans created in the first two months of 2015 amount to 2 billion euros. This is...

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The European Central Bank (ECB) greenlit funding for Greek banks amounting to 68.8 billion euros via the Emergency Liquidity Assistance (ELA) support mechanism. ECB's 25-member...

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While Greece was struggling to get its proposed reform measures accepted by the European Commission (EC) in order to succeed the extension of its bailout...

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Bank of Greece (BoG) Governor and former Finance Minister Giannis Stournaras has warned the Greek government that a final agreement with the country's loan partners...

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Greek banks are considering offloading part of their shipping debt portfolios worth billions of dollars in a bid to shore up their capital, Reuters...