ECB

A delay in concluding a second review of the Greek support program threatens to put at risk the restructuring programs of Greek banks, Moody's Credit Rating said in its Credit Outlook weekly report released on Monday. Moody's said that...

The Greek debt is manageable if the agreed reforms are fully implemented, responds European Stability Mechanism (ESM) after the leak of IMF's report underlining in parallel that there is no reason for scaremongering over the Greek debt. An ESM representative...

New Democracy leader Kyriakos Mitsotakis accused Prime Minister Alexis Tsipras on Wednesday of “gambling away Greece’s future” in order to remain in power, during a speech at the party’s Political Committee, adding that an exit from the economic crisis...

The government has set as high priority to shed light into corruption cases that have wounded political life, State Minister and government spokesman Dimitris Tzanakopoulos said in a press briefing on Tuesday. He stated that the Greek people are the...

Greek banks further reduced their borrowing from the Emergency Liquidity Assistance mechanism, the Bank of Greece said on Thursday. In an announcement, the central bank said that on January 11, 2017 the Governing Council of the ECB did not object...

The conclusion of the second programme review within December is feasible, Greek Finance Minister Euclid Tsakalotos said in an interview with Agora newspaper on Saturday. "I think that the conclusion of the second programme review is still feasible and I...

The European Central Bank (ECB) governing board's decision to extend the ECB's quantitative easing programme until December 2017 is positive for Greece, giving it additional time to enter the programme, ECB sources told the Athens-Macedonian News Agency (ANA) on...

There is no issue of a fourth bailout program for Greece but it is vital for the country to succeed in the third program, Executive Board member of the European Central Bank (ECB) Benoit Coeure reportedly told Greek newspaper Efimeritha...

The Greek side is aiming for an institutions-level agreement on the second review by November 28, when the EuroWorking Group will meet to prepare for the Eurogroup on December 5, a Greek finance ministry source told the press here...

The Governing Council of the European Central Bank approved a request by the Bank of Greece to lower the ELA-ceiling for Greek banks to 51.1 billion euros, up to and including Wednesday, November 16, 2016. The reduction of 700 million...