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ECB to Raise Emergency Liquidity Assistance to Greece by 2 Bln Euros

The European Central Bank (ECB) has decided to raise the Emergency Liquidity Assistance (ELA) to Greek banks. The ECB will increase funding from 68.9 billion...

German Media: Liquidity in Greece Ends April 8

Greek coffers will be empty by April 8, said Frankfurter Allgemeine Sonntagszeitung Sunday report, citing European Commission experts in Athens. According to the report, Athens will...

Greek Gov't Tries to Secure Liquidity Without Pension and Wage Cuts

The Greek government is trying to find ways to secure liquidity until June without pension and salary cuts or extra contributions to security funds. With...

Greek Govt Seeking Liquidity Assistance from Social Security Funds, Hospitals and Farmers

His belief that there are alternative solutions to liquidity problems in March expressed a senior Greek financial official just before the Government Council for Economic...

ECB Approves Additional Liquidity for Greek Banks

The European Central Bank on Thursday approved additional emergency finance for Greek banks raising the sum earmarked through the Emergency Liquidity Assistance (ELA) to...

JP Morgan: Greek Banks Will Not Have Any Liquidity Problems

Greek banks will not have any liquidity problems following the European Central Bank's (ECB) decision not to accept Greek bonds as collateral, as banks...

ECB Greenlights Emergency Liquidity Assistance to Greek Banks

The European Central Bank (ECB) gave the green light for Emergency Liquidity Assistance (ELA) to Greek banks. Three major Greek banks will get the ELA; Alpha...

ECB Approves Emergency Liquidity Assistance for Greece's Four Systemic Banks

Greece’s four biggest banks' request to use the European Central Bank's (ECB) Emergency Liquidity Assistance (ELA) has been approved for two weeks, according to reports. Any...