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ECB

ECB Still Concerned Over Sustainability of Greek Debt

ECB board member Benoit Coeure fired a warning shot over the prospects of Greece joining the quantitative easing programme (QE), by saying that the ambiguity over debt relief still exists. Speaking on Wednesday, Coeure said that Euro zone governments have...

ECB Head Mario Draghi Puts QE on Hold

"Until sufficient details are given on debt-related measures, serious concerns remain about the sustainability of Greek government debt," noted ECB head Mario Draghi. In a letter responding to a question by Mr. Nikolaos Choudis on whether a debt sustainability...

Draghi: ECB Waiting for Measures That will Make Greek Debt Sustainable Long-Term

The European Central Bank (ECB) is waiting for the measures that will make Greek debt sustainable in the long-term in order to decide on Greece's participation in the quantitative easing program, central banker Mario Draghi said on Monday, testifying...

Greece has a Strong Negotiating Position, Gov't Spokesman Tzanakopoulos Says

Greece has a strong negotiating position, government spokesman Dimitris Tzanakopoulos said on Monday in statements to ANT1 TV. As he said, the goal is a clear solution to the Eurogroup on June 15, in order to pave the way...

Papademos' Condition Still Stable, Latest Medical Bulletin Says

The condition of former Greek premier Lucas Papademos continues to be "haemodynamically stable" while the progression of the wounds he sustained as a result of a letter-bomb blast on Thursday evening is good, according to the latest medical bulletin...

Finance Minister Tsakalotos: No Alibi for Further Delay in Debt Settlement

Finance Minister Euclid Tsakalotos expressed his optimism that the way for a good and final solution for the debt and the country inclusion in ECB's quantitative easing programme can open on Monday's Eurogroup, in an exclusive statement to Athens...

It Is Estimated that Greece Can Tap the Markets in Summer

Greece can participate in the European Central Bank's (ECB) quantitative easing programme even this summer, according to banking officials and financial analysts. As they said, Greece meets all its commitments with the voting of the omnibus bill in the...

EC, ESM, ECB, IMF: Preliminary Agreement on Review

The ECB and ESM announced on Tuesday that they signed a preliminary agreement on the conclusion of the second programme review. "Staff teams from the EC, ESM, ECB and the IMF have reached a preliminary agreement with the Greek authorities...

ECB Lowers ELA-Ceiling for Greek Banks by 100 Mln Euros

The European Central Bank on Thursday approved a request by the Bank of Greece to lower the ELA-ceiling for Greek banks by 100 million euros to 46.5 billion euros up to and including Wednesday, May 17, 2017. The Greek central...

J.P. Morgan Report Sees 'Light at the End of the Tunnel' for Greece

The decision reached by Eurozone finance ministers in Malta concerning Greece increases the chances of a solution for completing the second review of the Greek programme before May 22, according to a report by J. P. Morgan released on...