Mario Draghi
Economy
ECB to Accept Greek Junk Bonds if Athens Keeps to Reform Pledges
European Central Bank President Mario Draghi on Wednesday defended the ECB against criticism that it acted harshly toward Greece, but said the central bank is ready to reinstate a waiver on Greek bonds if Athens completes the bailout program.
The ECB lifted...
Economy
Eurogroup Teleconference Green Lights the Greek Reforms List
The Eurozone Finance Minister's held a teleconference on Greece's reform plans and a four-month extension of its bailout, with the participation of the International Monetary Fund (IMF) Managing Director Christine Lagarde, the European Central Bank (ECB) President Mario Draghi...
Economy
Greek Gov't List of Reforms Namely Structural
The Greek government's list of recommended reforms will finally be submitted to the international institutions on Tuesday morning. According to latest information emerging from the Greek government's headquarters, the climate among the cabinet members is positive as the reforms...
Economy
IMF Chief and ECB Chief to Attend Eurogroup on Greece
International Monetary Fund Managing Director Christine Lagarde is to meet Finance Minister Yanis Varoufakis for the first time face-to-face on Wednesday during the emergency Eurogroup meeting being held to discuss the future of the Greek program. There is a...
Economy
Thousands Organize First Pro-Govt Rally in Athens
A demonstration largely different from those Athens has seen in recent years took place today in downtown Athens' Syntagma Square. The rally was called for 6.00 pm and was organized through social media. It was the first pro-government demonstration...
Greece
Greece Reacts to ECB Decision to Not Accept Greek Bonds
The Greek government reacted to the European Central Bank's decision to stop accepting Greek bonds as collateral for its liquidity operations on February 11 and Athens announced that it will stay true to the popular mandate and will not...
Economy
ECB to Stop Accepting Greek Government Bonds
The European Central Bank (ECB) is suspending the eligibility of Greek government bonds as collateral for its liquidity operations, starting from February 11th.
In a press release on Wednesday night, the ECB, which was having a governing council meeting earlier...
Economy
Greek FM Calls Meeting with ECB's Draghi 'Fruitful'
Greek Finance Minister Yanis Varoufakis told reporters on Wednesday he had a "fruitful" meeting with ECB’s chief Mario Draghi in Frankfurt.
“We had a fruitful conversation,” the Greek FinMin told reporters immediately after the conclusion of the meeting that focused...
Economy
Greek Stock Market Soared Today
The markets took a breather today, following the Greek government’s decision to abandon its request for a “haircut.”
It also opened the way for meetings between Greek Finance Minister Yanis Varoufakis and ECB President Mario Draghi as well as with German...
Economy
What Happens After the Proud Greek 'No?'
One week after the election and Greece is still reveling in the people's victory, the liberation from the occupying forces of evil Europe, wallowing in the wild joy of the proud "no" the new leftist government said to the...