European Central Bank (ECB)

The European Central Bank (ECB) is constantly adding pressure to Greek banks, threatening to withdraw emergency funding if the country's government does not compromise. In a time that the newly elected leftist Greek government is attempting to renegotiate the...

Berlin appears firmly negative to any one-sided changes regarding Greece's bailout program, German Finance Minister Wolfgang Schaeuble highlighted while addressing the Reuters Euro Zone Summit earlier today. Schaeuble's statements come just a few days ahead of the upcoming first tet-a-tet...

European Central Bank (ECB) Vice President Vitor Constancio declared earlier today that a decision on whether Greece will receive emergency funding will be tabled to the bank's upcoming Governing Council meeting. According to Reuters, Constancio said that ECB’s Emergency Liquidity...

Greek Prime Minister Alexis Tsipras appeared ready to improve relations with the country’s creditors after a week stigmatized by selloff in bonds and stocks, caused by his pledge to end Greece’s bailout agreement. In an e-mailed statement issued earlier today, Tsipras...

European Union Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici, talking with BBC’s "Hardtalk," expressed the Eurozone’s determination to “do everything” to prevent a Grexit. As he said, Greece belongs in the Eurozone and the single...

Greek main opposition SYRIZA leader Alexis Tsipras, addressing a press conference earlier today, dismissed suggestions that Greece will have to complete its international bailout program review by the end of February, saying that a SYRIZA-led government would have until July to...

Speaking at the World Economic Forum in Davos, Switzerland, yesterday, German Chancellor Angela Merkel appeared confident that Greece will continue on the road of responsibility concerning its agreements with the country’s European partners. “We hear from Greece that the vast majority...

The announcements made by European Central Bank (ECB) President Mario Draghi on Thursday were characterized by Greece's main opposition SYRIZA as “an important decision that will be utilized by the next Greek government for the country's benefit.” "All those...

The announcements of European Central Bank (ECB) President Mario Draghi earlier today regarding the conditional inclusion of the Greek assets in a wider ECB assets purchase program, were followed by a public proclamation from Greek Prime Minister Antonis Samaras a few...

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 extension of the mechanism can be repeated in 15 days, during the next session of...