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ELA for Greek Banks Dropped 700 Mln Last Month
Greek banks lowered their borrowing from the ELA mechanism and the Eurosystem in March to 59.7 billion euros, from 61.9 billion in February, the...
ELA Borrowing Ceiling for Greek Banks Unchanged
The borrowing ceiling from the ELA mechanism for Greek banks remained unchanged, the Bank of Greece said on Thursday.
The Governing Council of the ECB,...
Greek Banks 'Lose' €750 Mln in Deposits in February Due to Economic Uncertainty
Greeks withdrew 750 million euros from their bank accounts in February, due to the uncertainty created over the stalled bailout program review negotiations, according...
ECB's Nouy: Greek Banks Have Improved 'Noticeably and Substantially' in Past Two Years
There has been a significant improvement in the situation of Greek banks, both in terms of capital adequacy and governance, the European Central Bank...
Varoufakis, Die Linke MEP Reveal Request to ECB for Information on 2015 Closure of Greek Banks
Regarding the events in 2015 that led to a bank holiday and capital controls in Greece on his watch, the country's former finance minister...
2017's Low Deposit Rate Has Brought a 'Credit Negative' Event to Greek Banks, Moody's Says
Since the beginning of 2017, Greek bank deposits have been down, causing the international rating agency, Moody's, to call the first couple months of...
Greek Banks Sound Alarm Bells, Warn of Return to Uncertainty
After meeting with the heads of Greece's creditor institutions, representatives of the Greek Banks Association sounded the alarm bells, warning that the Greek economy...
BoG: Deposits in Greek Banks Fell €1.5 Billion in January
Greek banks' deposits by individuals and enterprises fell 1.5 billion euros in January to 119.7 billion euros, from 121.4 billion in December 2016, the...
Strategic Defaulters Owe €10 Bln to Greek Banks
One in five (21%) of nonperforming loans in Greek banks’ portfolios, amounting to 10 billion euros, belong to borrowers who are able to repay...
ELA Borrowing Ceiling for Greek Banks Remains Unchanged
European Central Bank's governing council on Thursday approved a request by the Bank of Greece to maintain the ELA borrowing ceiling for Greek banks...