Greece

"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 a letter responding to a question by Mr. Nikolaos Choudis on whether a debt sustainability...

An "effective auction system is an important part of the work" in cutting bad loans in Greece, the head of the European Central Bank has insisted. Mario Draghi, replying to a letter from Greek MEP Nikolaos Chountis, said the controversial...

  Greek Prime Minister Alexis Tsipras will fly to Brussels on Wednesday to meet with European Central Bank (ECB) President Mario Draghi, International Monetary Fund (IMF) Managing Director Christine Lagarde, European Commission President Jean-Claude Juncker and two top European Union officials to discuss...

The Greek government sent its new proposal to the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) around 1:00 am on Monday. The European Commission chief of staff Martin Selmayr confirmed that the new, improved...

Greek Government Vice-President Yiannis Dragasakis met with the head of the European Central Bank Mario Draghi in Frankfurt on Tuesday evening. According to the ECB, the two sides discussed the current situation of the Greek economy and reviewed the progress in...

International creditors urged Greece on Sunday to present a plan to avoid default that could lead global economy to "uncharted waters." European Central Bank (ECB) President Mario Draghi warned Greece to provide a comprehensive plan of reforms that would allow...

Josephine Witt, the 21-year-old activist whose confetti attack frightened European Central Bank (ECB) President Mario Draghi, talks exclusively to Greek Reporter about her protest, how she sees Greece and what she believes about Europe's future. From our conversation, two...

A Grexit could cost the European Central Bank tens of billions of credit, a hole that Germany and other euro zone members may have to fill, says a Reuters report. The continuous arguing between Greece and lenders has put a...

The European Central Bank’s expanded asset purchase program, better known as “quantitative easing” (QE), is starting to make headway across the EU, ECB President Mario Draghi told Economic and Monetary Committee MEPs on Monday. Draghi also reported on the...

German Finance Minister Wolfgang Schaeuble has once again sparked displeasure in Athens, insisting that the unpopular "Troika" of creditors will be negotiating with the Greek government over the country's bailout package extension, despite the latter's objection on the matter. Eurozone's...

Quantitative easing, announced on Thursday by European Central Bank President Mario Draghi, is not going to be as influential in reducing Greece's borrowing cost as will an agreement between the government formed after Sunday's national elections and the Troika of...

AP - European Central Bank President Mario Draghi says Greece is starting to reap the rewards from its wide-ranging economic reforms. Addressing lawmakers of the European Parliament on Monday, Draghi highlighted the fact that Greece was the fastest-growing economy in...

The ECB plans to accept junk bonds from crisis-ridden countries, provided that they were first subjected to an economic monitoring program. The announcement, which came from the head of the European Central Bank, Mario Draghi, has reportedly astonished Greek lawmakers. The statement has...

The head of Greece's major opposition Coalition of the Radical Left (SYRIZA) party Alexis Tsipras told European Central Bank President Mario Draghi the country can't afford to pay back what it owes international lenders - including the bank. Tsipras said...

PARIS - Despite a crushing economic crisis, Greece should stay in the Eurozone of the 17 countries using the euro as a currency, but must continue to implement reforms at the same time, Angel Gurria, Secretary-General of the OrgThe...