European Central Bank

A European official in Brussels told Greek journalists that the Greek government should accelerate efforts to adopt the economic program it has agreed to so that unnecessary consequences of the Brexit aren't felt in the country. Greece's daily newspaper,...

The European Central Bank has decided to reinstate the waiver to allow Greek state bonds to be used as collateral in ECB lending, thus allowing Greek banks to get cheaper loans. ECB said the decision was taken as the council...

Prime Minister Alexis Tsipras chaired a government meeting with his close aides to discuss the government's planning for equitable growth in the aftermath of concluding the Greek program review. The new plan will be unveiled at an event at...

After Athens receives the 7.5-billion-euro bailout tranche and the European Central Bank starts giving Greek banks cheaper loans, the Greek government will be off the pressure for about two months. In September, the second bailout program review is to take...

This Friday German Parliament's budget committee voted in favor of paying the next portion of aid due to reach Greece as a part of the European Stability Mechanism (ESM) rescue fund. According to the conservative budget expert Eckhardt Rehberg there was no objection in unlocking the 10.3 billion euros in credit, Reuters reported. Furthermore,...

Greek Finance Minister Euclid Tsakalotos said that Greek bonds will soon be eligible for the European Central Bank's asset-purchase program, in an interview with Bloomberg. He pointed to the benefits of this, including the gradual recovery of investor confidence. Greece...

The  Euro Working Group (EWG) meeting on Monday gave the green light for the disbursement of a 7.5-billion-euro bailout tranche to Greece provided that loose ends are tied up by Tuesday. The decision, based on a compliance report compiled...

Prime Minister Alexis Tsipras addressed a meeting of the cabinet on Thursday. He expressed the expectation that the European Central Bank (ECB) will decide on a waiver to allow it to accept Greek bonds as collateral after the review...

All eyes were on the European Central Bank's (ECB) June policy meeting in Vienna on Thursday. Great expectations resulted in disappointment regarding Greece with the central bank holding back from allowing Greek banks to resume access to cheap loans. Meeting...

The disbursement of the next loan tranche to Greece is at serious risk after Finance Minister Euclid Tsakalotos sent a letter to creditors saying that some of the required measures are too harsh to pass in Greek Parliament. Specifically, the...