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ECB Approves Additional Liquidity for Greek Banks
According to Reuters the European Central Bank (ECB) raised emergency funding for Greek lenders for the third time in less than a week.
The Governing...
ECB Raises Emergency Liquidity Funding to Greek Banks
The European Central Bank (ECB) on Friday raised the ceiling of emergency liquidity assistance (ELA) provided to Greek banks.
Despite yesterday's dismissal, the Bank of...
How Greece’s Liquidity Problem Could Cause an Unplanned Grexit
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By Panicos O. Demetriades, University of Leicester
As Greece moves from one repayment deadline to another, you can be forgiven for thinking that the country’s main...
ECB Maintains Greek Banks' Liquidity Limit Amid Talk of Capital Controls
The European Central Bank (ECB) board of directors decided on Wednesday to maintain the limit through the emergency liquidity assistance (ELA) scheme to 80.2 billion euros.
In the...
Greek Gov't Vice President Discusses Liquidity with Heads of Banks
The liquidity of the banking sector, the contribution of banks in the fight against tax evasion, the improvement of public revenues collection and the...
Greek Gov't Puts Hopes on ECB for Liquidity
The Greek government is putting its hopes for liquidity on the European Central Bank after Monday's Eurogroup statement that there is progress in negotiations...
Varoufakis: Greece Will Have Serious Liquidity Problem in a 'Couple of Weeks'
Greek Finance Minister Yanis Varoufakis admitted that Greece may have a serious liquidity problem after two weeks. The statement was made after Monday's Eurogroup...
ECB President: Greek Banks Can Continue to Rely on Emergency Liquidity Assistance
European Central Bank (ECB) President Mario Draghi gave his assurance today that the Greek banks can continue to rely on emergency liquidity assistance (ELA).
"ELA will continue to...
Bloomberg: ECB Considers Curbing Liquidity to Greek Banks
The European Central Bank is considering measures to rein in Emergency Liquidity Assistance to Greek banks, as resistance to further aiding the country’s stricken...
ECB Raises Greek Banks' Emergency Liquidity Cap by 800 Mln Euros
The European Central Bank (ECB) has raised the cap on Emergency Liquidity Assistance (ELA) available to Greek banks by 800 million euros late on...