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Regling: ECB Review Will Clarify Greece's Funding Needs

The European banking sector review expected this coming Sunday, October 26, will clarify Greece's funding needs, said European Stability Mechanism (ESM) head Klaus Regling earlier...

Moody’s Puts 6 Greek Banks on Review for Possible Downgrade

Ratings agency Moody's today said it had placed the deposit and debt standing of six Greek banks, including several leading lenders, on review for...

IMF Not Asking Greece for More Fiscal Measures

The International Monetary Fund is not asking Greece to take any additional fiscal measures under the bailout programme, the head of the IMF's European...

IMF's Thomsen: No Stability Concerns Over Greek Banks

Poul Thomsen, Director of the European Department of the IMF, said there are "no concerns" about the stability of Greek banks and an asset...

FinMin Tsakalotos: Investments in Greece to Become ‘Too Large to Absorb’

Greek Finance Minister Euclid Tsakalotos predicted that in the next two years Greece would be overwhelmed by foreign investment that could become difficult to...

Tsakalotos: Greece Likely not to Need Precautionary Credit Line After Program Ends

Greece and its creditors believe that the country will not need a precautionary credit line after its aid program is completed in August 2018,...

IMF Approves in Principle €1.6 Billion Arrangement for Greece

The International Monetary Fund on Thursday approved in principle a €1.6 billion standby loan arrangement for Greece, making a conditional commitment to help underpin...

Eurogroup Approves 86-Billion-Euro Greek Bailout Deal: Full Statement

After months of deliberations, Greece secured long term financing from the Eurozone countries on Friday evening. The Eurogroup convened just a few hours after the...

Bloomberg: Bond Return Not Sufficient For Greece

Six out of ten economists in a Bloomberg News survey said Greece will need to top up the 240 billion euros of loans received...

Samaras N.Y. Meeting With Dimon Opened Bond Market Door

Greece's successful, if cautious, return to the bond markets this month was the result of a secret, carefully-crafted meeting Prime Minister Antonis Samaras had...