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ECB Official: Putting Off Reforms Could Complicate Bailout Review

The Greek government should not put off agreed bailout reforms or it could “complicate” an upcoming bailout review by its foreign creditors, a European...

ECB Still Concerned Over Sustainability of Greek Debt

ECB board member Benoit Coeure fired a warning shot over the prospects of Greece joining the quantitative easing programme (QE), by saying that the...

ECB Head Mario Draghi Puts QE on Hold

"Until sufficient details are given on debt-related measures, serious concerns remain about the sustainability of Greek government debt," noted ECB head Mario Draghi. In...

Draghi: ECB Waiting for Measures That will Make Greek Debt Sustainable Long-Term

The European Central Bank (ECB) is waiting for the measures that will make Greek debt sustainable in the long-term in order to decide on...

Greece has a Strong Negotiating Position, Gov’t Spokesman Tzanakopoulos Says

Greece has a strong negotiating position, government spokesman Dimitris Tzanakopoulos said on Monday in statements to ANT1 TV. As he said, the goal is...

Papademos’ Condition Still Stable, Latest Medical Bulletin Says

The condition of former Greek premier Lucas Papademos continues to be "haemodynamically stable" while the progression of the wounds he sustained as a result...

Finance Minister Tsakalotos: No Alibi for Further Delay in Debt Settlement

Finance Minister Euclid Tsakalotos expressed his optimism that the way for a good and final solution for the debt and the country inclusion in...

It Is Estimated that Greece Can Tap the Markets in Summer

Greece can participate in the European Central Bank's (ECB) quantitative easing programme even this summer, according to banking officials and financial analysts. As they...

EC, ESM, ECB, IMF: Preliminary Agreement on Review

The ECB and ESM announced on Tuesday that they signed a preliminary agreement on the conclusion of the second programme review. "Staff teams from the...

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,...

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