Tags ECB

Tag: ECB

Greek President: ‘ECB Lacks Tools for Dealing with Crises in Eurozone’

The European Central Bank lacks the necessary tools to deal effectively with the debt crisis and the banking crisis and this is one of...

ECB in Danger of Making Debt Restructuring ‘Virtually impossible’, Expert Warns

The European Central Bank (ECB) is in danger of biting off more than it can handle, warns expert Kai Schaffelhuber, a partner at law...

Greece Makes 2.3bln Euro Debt Repayment to the ECB

Greece repaid 1.54 billion euros ($1.695 billion) and accrued interest to the European Central Bank on a maturing government bond on Wednesday. The repayment...

ECB Lowers Cap on Emergency Funding for Greek Banks by 2.5 Billion Euros

The European Central Bank (ECB) lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 2.5 billion...

Greece’s Bank Association Announces Capital Controls Could be Lifted by End of 2016

According to Greece's banking association Greece might be able to lift most or all capital controls by the end of the year. On Saturday, the association said that the...

Eurogroup Chief Tells EP that ESM Will Approve 7.5-Bln-Euro Bailout Tranche for Greece

Eurogroup Chief Jeroen Dijsselbloem, speaking at the economic and monetary committee of the European Parliament, on Tuesday said he believed that the European Stability...

Greek PM to Unveil Strategy for Equitable Growth on Thursday

Prime Minister Alexis Tsipras chaired a government meeting with his close aides to discuss the government's planning for equitable growth in the aftermath of...

Bloomberg: Greek FinMin Admits Grexit Still on Table

Greek Finance Minister Euclid Tsakalotos said that Greek bonds will soon be eligible for the European Central Bank's asset-purchase program, in an interview with...

EWG Gives Greece 24-Hour Deadline to Comply with Bailout Actions

The  Euro Working Group (EWG) meeting on Monday gave the green light for the disbursement of a 7.5-billion-euro bailout tranche to Greece provided that...

Tsipras Celebrates Greek ‘Success Story’ at Cabinet Meeting

Prime Minister Alexis Tsipras addressed a meeting of the cabinet on Thursday. He expressed the expectation that the European Central Bank (ECB) will decide...

ECB Dashes Greek Hopes on Lifting ‘Waiver’ on Greek Bonds

All eyes were on the European Central Bank's (ECB) June policy meeting in Vienna on Thursday. Great expectations resulted in disappointment regarding Greece with...

Schaeuble Expresses Optimism Over Greek Economy

  German Finance Minister Wolfgang Schaeuble expressed optimism on Monday regarding Greece's economic future following last week's deal with creditors to unlock its next tranche...