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ECB Lowers ELA-Ceiling for Greek Banks by 100 Mln Euros

The European Central Bank on Thursday approved a request by the Bank of Greece to lower the ELA-ceiling for Greek banks by 100 million...

J.P. Morgan Report Sees ‘Light at the End of the Tunnel’ for Greece

The decision reached by Eurozone finance ministers in Malta concerning Greece increases the chances of a solution for completing the second review of the...

ELA Borrowing Ceiling for Greek Banks Unchanged

The borrowing ceiling from the ELA mechanism for Greek banks remained unchanged, the Bank of Greece said on Thursday. The Governing Council of the ECB,...

ECB’s Nouy: Greek Banks Have Improved ‘Noticeably and Substantially’ in Past Two Years

There has been a significant improvement in the situation of Greek banks, both in terms of capital adequacy and governance, the European Central Bank...

Varoufakis, Die Linke MEP Reveal Request to ECB for Information on 2015 Closure of...

Regarding the events in 2015 that led to a bank holiday and capital controls in Greece on his watch, the country's former finance minister...

Chouliarakis: A Good Deal Today is Preferable to a Better Deal Tomorrow

A good deal today between Greece and its creditors is preferable to a better deal tomorrow, Alternate Finance Minister George Chouliarakis said in an...

Mitsotakis: ‘I Neither Invest nor Rejoice in the Government’s Failure’

Greeks need to know the truth, which is that nobody knows when, how and if the second review will be completed, main opposition New...

Greek Gov’t Spokesman: The Agreement Under Negotiation Does Not Include New Measures

The Greek government is working hard and seeks the conclusion of the program review as well as an agreement that will allow Greece's participation...

ND Criticizes Alternate FinMin Chouliarakis for Missing EWG

New Democracy criticized the government and Alternate Finance Minister George Chouliarakis for missing a EuroWorking Group (EWG) meeting on Thursday to speak at an...

German FinMin Warns Greece to Fulfill Bailout Program Commitments

Greece must fulfill its commitments under the bailout program or else it will end up in an impossible position, German Finance Minister Wolfgang Schaeuble...

Second Review Delay ‘Credit Negative’ for Greek Banks, Moody’s Reports

A delay in concluding a second review of the Greek support program threatens to put at risk the restructuring programs of Greek banks, Moody's...

ESM: Greek Debt Manageable if Reforms Implemented

The Greek debt is manageable if the agreed reforms are fully implemented, responds European Stability Mechanism (ESM) after the leak of IMF's report underlining...

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