European Central Bank

  Greece will return to markets when its borrowing costs fall below 5 percent, a recent Reuters report says. This may happen if Greek bonds are included in its 2.3 trillion euro purchase program. This condition is primarily dependent on whether...

Greek government sources said late on Thursday evening that Athens would reject the solution proposed at the June 15 Eurogroup and transfer the issue to the June 22 EU Summit. The decision came after leaked statements by European officials who...

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...

European Central Bank Governor Mario Draghi expressed his sadness and sympathy on behalf of himself and all of the staff at the bank for former prime minister Lucas Papademos, following the terrorist attack against him on Thursday, according to...

Eurozone's finance ministers will be briefed on April 7 on the progress achieved in the ongoing negotiations between Greek authorities and the institutions on the second program review after the last meeting in March, according to the agenda of...

Greeks withdrew 4 billion euros from banks since the beginning of the year amid the uncertainty generated by the stalling of negotiations om the bailout program review. At the end of 2016, total deposits of government, businesses and households in...

The Greek State gold reserves amounting to 149.1 tons are stored in Greece, Britain, the U.S. and Switzerland, according to the Bank of Greece. BoG assures Greek citizens that the 149.1 tons of the country's gold reserves worth 5.3 billion...

German Chancellor Angela Merkel has taken the initiative to help Greece enter the European Central Banks' quantitative easing (QE) program, provided that Athens agrees to implement fiscal measures amounting to 2% of GDP, a Kathimerini report says. According to the...

The Greek economy could grow by 2.5 % this year on conditions, the Bank of Greece said in its Annual Report, presented by governor Yiannis Stournaras on Friday. Based on current data, the country's primary surplus in 2016 is expected...

Investors worry about a new Greek "accident" in view of bond payments due in the summer, as the bailout program review has stalled and Greece is unlikely to receive the next loan tranche on time, a Reuters report says. Indicative...