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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...
Tsipras: ECB's QE Program No Longer Crucial for Greece
Despite opposite statements in the past, prime minister Alexis Tsipras no longer believes that stimulus from the European Central Bank (ECB) is crucial for...
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...
ECB's Nowotny: Turn ESM into European Monetary Fund for Greece's Bailout
Veteran European Central Bank policymaker Ewald Nowotny has backed turning the European Stability Mechanism (ESM) into a IMF-styled lender and for it taking over...
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...
Possible NBG Bond Buy by ECB Could Offer Support to Greek Economy
The European Central Bank could buy covered bonds issued by the National Bank of Greece under its asset purchase scheme, providing indirect support for...
ECB Profits from Greek Bond Holdings at €7.8 Billion
The European Central Bank has made nearly €8bn in profits from its holdings of Greek government debt, according to a written response provided by...
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...
Greek Bank Stress Tests by ECB may Come Earlier Next Year
The European Central Bank may bring forward its stress test of Greek banks next year, finalising data well before Greece is due to exit...
ECB Official: Putting Off Reforms Could Complicate Bailout Review
The Greek government should not put off agreed bailout reforms or it could “complicate” an upcoming bailout review by its foreign creditors, a European...