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ECB's Draghi: Debt Sustainability and 2nd Assessment for Greece to Join QE
Speaking today at the economic and monetary affairs committee at the European Parliament in Brussels, ECB president Mario Draghi stated that the sustainability of...
ECB Lowers Borrowing Ceiling for Greek Banks
Greek banks further reduced their borrowing from the Emergency Liquidity Assistance mechanism, the Bank of Greece said on Thursday.
In an announcement, the central bank...
ECB: Greeks Lost 40% of their Wealth During Economic Crisis
Greeks lost 40% of their wealth in the years of the economic crisis, says a European Central Bank survey.
The concentration of wealth among the...
ECB: Greece Forecasted to Achieve Growth Rate of 0.1% of GDP in 2016
The European Central Bank (ECB) forecasts that Greece will achieve a growth rate of 0.1 percent of GDP in 2016, in the Eurosystem staff...
ECB's Decision to Extend QE Is 'Good for Greece' ECB Sources Say
The European Central Bank (ECB) governing board's decision to extend the ECB's quantitative easing programme until December 2017 is positive for Greece, giving it...
Member of Executive Board of ECB Says it is Vital for Greece to Succeed in Third Bailout
There is no issue of a fourth bailout program for Greece but it is vital for the country to succeed in the third program,...
Borrowing Ceiling for Greek Banks Reduced 0.2 Billion Euros by ECB
European Central Bank lowered the borrowing ceiling for Greek banks from the ELA mechanism by 200 million euros, the Bank of Greece said on...
ECB Lowers ELA Ceiling for Banks
The Governing Council of the European Central Bank approved a request by the Bank of Greece to lower the ELA-ceiling for Greek banks to...
Tsipras Pushes for Greece to be Included in ECB's Quantitative Easing Program, ASAP
Greece deserves to be included in the European Central Bank’s (ECB) quantitative easing program as soon as possible, which is why the country’s debt...
ECB's Draghi Wants Debt Relief for Greece, States Concern
European Central Bank Chief Maria Draghi expressed concern about the sustainability of the Greek debt and said that assessment on the debt was necessary...