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European Central Bank To Spend 750 Billion Euros Battling Coronavirus Crash
The European Central Bank said it would spend 750 billion euros ($818 billion) buying government debt and private securities to fight the coronavirus crash.
It...
European Central Bank Lowers ELA Cap for Greek Banks
The European Central Bank lowered the cap on emergency liquidity assistance (ELA) that Greek banks draw from the domestic central bank by 300 million...
Tsipras to Varoufakis: Let's Take the €16 Bln of the European Central Bank
"What? There are 16 billion euros in cash scattered here and there, and we do not use them to load ATMs and make them...
Bloomberg: European Central Bank Unlikely to Include Greece in QE Soon
The European Central Bank is unlikely to include Greek bonds in its quantitative easing (QE) program for the foreseeable future, a Bloomberg report says.
The...
European Central Bank to Accept Greek Bonds as Collateral
The European Central Bank has once again agreed to accept Greek bonds as collateral for loans in order to aid the country's struggling banks,...
European Central Bank Lowers ELA for Greece Ahead of Eurogroup
The European Central Bank (ECB) has lowered the borrowing ceiling to Greek banks by 300 million euros on Thursday.
The Emergency Liquidity Assistance mechanism (ELA) was...
European Central Bank Gives Breath of Liquidity to Greek Banks
The European Central Bank gave a breath of liquidity to Greek banks after Thursday's decision to include them in its quantitative easing program and...
European Central Bank in Line With IMF on Greek Reforms
The European Central Bank is in line with the International Monetary Fund on the need for deep reforms in Greece, ECB executive board member...
European Central Bank: "Greece Still in Jeopardy of Defaulting"
The European Central Bank (ECB) noted that even though after July Greece's expectations to default diminished, the stakes are still high due to concerns...
European Central Bank Decreases ELA Ceiling for Greece
The European Central Bank (ECB) has decided to further lower the ceiling for Emergency Liquidity Assistance to Greece, the Bank of Greece (BoG) revealed....