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Tsipras Banks on Kammenos U-Turn on Name Dispute with FYROM

Greek PM Alexis Tsipras and Minister of Foreign Affairs Nikos Kotzias, piled pressure on Defence Minister Panos Kammenos to moderate his stance on the...

Varoufakis Suing ECB for Refusing to Help Greek Banks During Crisis

Former Greek finance minister Yanis Varoufakis, and a German parliamentarian, are suing the European Central Bank, so as to gain access to a document...

ECB Lowers Funding Cup for Greek Banks by €1.1 Billion

The European Central Bank lowered the cap on Emergency Liquidity Assistance (ELA) Greek banks draw from the domestic central bank by 1.1 billion euros...

Stournaras: NPL Sales Speedup Crucial for Greek Banks

Greek banks have shown progress in tackling a stockpile of non-performing loans, Bank of Greece governor Yannis Stournaras said on Friday, but added that...

Eurogroup Chief: We Saved the Greek Banks but Overlooked Taxpayers

Outgoing Eurogroup chief Jeroen Dijsselbloem acknowledged on Thursday that Greece’s creditors put too much emphasis on saving the banks at the expense of ordinary...

Tsakalotos: Greek Banks in Danger if Home Auctions don't Resume

Finance minister Euclid Tsakalotos has warned his party's MPs that if foreclosed home auctions don't resume, Greek banks could be facing recapitalization issues. Speaking to...

ECB: Greek Banks Stress Tests Results Due in May

The European Central Bank's stress test of Greek banks is still expected to be completed in May despite a delay in a pan-European check. The...

Greek Banks Speed Up Actions Against Strategic Bad Debtors

Greek banks plan to add strategic bad debtors to an e-auction platform, which is due to begin operating by the end of November, bank...

ECB Move to Ask for 100% Coverage of NPLs to Hurt Greek Banks

A move by the European Central Bank to ask eurozone banks to set aside enough cash to cover 100% of their non-performing loans (NPLs) over...

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...