Tag: ECB

ECB keeps emergency funding cap for Greek banks unchanged
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ECB keeps emergency funding cap for Greek banks unchanged

makis - Feb 16, 2017

The European Central Bank maintained the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank at 46.3 billion euros ($49.22 billion), the…

Bank of Greece: ELA ceiling for banks reduced by €100 million
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Bank of Greece: ELA ceiling for banks reduced by €100 million

Panos - Oct 05, 2016

The emergency liquidity assistance (ELA) from the European Central Bank was reduced by a further 100 million euros, announced the Bank of Greece on Wednesday. According to…

ECB reportedly pressing Athens for action on massive NPLs problem
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ECB reportedly pressing Athens for action on massive NPLs problem

Panos - Sep 02, 2016

The current state and prospects for the crisis-battered Greek banking system was, as expected, as the center of talks in Frankfurt on Thursday between Danièle Nouy, who…

ECB lowers emergency funding cap for Greek banks to 58.6 bln euros
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ECB lowers emergency funding cap for Greek banks to 58.6 bln euros

Panos - Jul 07, 2016

The European Central Bank lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 2.5 billion euros to 58.6 billion…

ECB announces reinstatement of waiver for Greek bonds
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ECB announces reinstatement of waiver for Greek bonds

Panos - Jun 23, 2016

The Governing Council of the European Central Bank announced that it will reinstate the waiver for Greek government bonds on Wednesday evening, effective as of the 29th…

ECB considers the reinstatement of waiver for Greece
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ECB considers the reinstatement of waiver for Greece

makis - Jun 22, 2016

The European Central Bank is considering the possibility of reinstating the waiver to allow Greek government bonds to be used as collateral in ECB lending. This announcement…

ECB considers the reinstatement of waiver for Greece
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ECB considers the reinstatement of waiver for Greece

Panos - Jun 22, 2016

The European Central Bank is considering the possibility of reinstating the waiver to allow Greek government bonds to be used as collateral in ECB lending. This announcement…

Greece back on ECB agenda at Vienna meeting
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Greece back on ECB agenda at Vienna meeting

Panos - May 30, 2016

The ECB, expected to hold fire on monetary policy at its meeting on Thursday, will likely focus instead on welcoming Greece back into the fold of fully-fledged…

Return to markets will take some time for Greece
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Return to markets will take some time for Greece

chris1 - May 29, 2016

Whether Greece will be able to leave behind the era of successive bailout programs and return to normalcy depends on its ability to obtain consistent access to…

Greece back on ECB agenda at Vienna meeting
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Greece back on ECB agenda at Vienna meeting

chris1 - May 29, 2016

The ECB, expected to hold fire on monetary policy at its meeting on Thursday, will likely focus instead on welcoming Greece back into the fold of fully-fledged…

ECB lowers ELA to Greece ahead of Eurogroup
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ECB lowers ELA to Greece ahead of Eurogroup

Panos - May 05, 2016

As Greece is preparing for another Eurogroup meeting on May, to discuss its economic programme review with EU Finance Ministers, the European Central Bank (ECB) has lowered…

The ECB is set to decide the fate of the 500-euro banknote
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The ECB is set to decide the fate of the 500-euro banknote

Panos - May 04, 2016

The European Central Bank is set to decide on Wednesday the fate of the 500-euro banknote, which many people associate with money laundering, the black market and…

ECB starts buying EFSF-issued bonds held by Greek banks, offering capital gains
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ECB starts buying EFSF-issued bonds held by Greek banks, offering capital gains

Panos - Apr 26, 2016

The European Central Bank has implemented the first European Financial Stability Facility (EFSF) bond acquisitions from Greek banks, in accordance with a decision by the Eurosystem to…

ECB: Euro zone remains fragile
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ECB: Euro zone remains fragile

Panos - Apr 07, 2016

The future of the global economy remains uncertain and there are questions about Europe’s ability to cope with new shocks, the president of the European Central Bank,…

ECB reduces ELA to Greek banks by 100 million euros
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ECB reduces ELA to Greek banks by 100 million euros

Panos - Feb 18, 2016

The European Central Bank reduced the emergency liquidity assistance (ELA) towards Greek banks by 100 million euros, at the request of the Bank of Greece. According to…

Greek banks won’t need further recapitalisation
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Greek banks won’t need further recapitalisation

ilias1 - Feb 14, 2016

There is no reason to believe that Greek banks will need further recapitalisation, after the latest round provided them with 14.4 billion euros of funding, the head…

Dijsselbloem urges ECB to study security risks of 500 euro banknote
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Dijsselbloem urges ECB to study security risks of 500 euro banknote

Panos - Feb 12, 2016

The European Central Bank should make proposals on how to reduce security risks linked to the 500 euro note which can be used for the financing of…

IMF reiterates call for a significant reduction of Greece’s public debt
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IMF reiterates call for a significant reduction of Greece’s public debt

ilias1 - Jan 23, 2016

The ECB chief is expected to call for the swift conclusion of the bailout review, so that talks on debt relief may begin. The Greek side aims…

ECB considers accepting Greek bonds once again in early 2016
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ECB considers accepting Greek bonds once again in early 2016

ilias1 - Dec 17, 2015

The European Central Bank is examining the possibility of accepting Greek bonds once again as collateral for the liquidity it provides to Greek banks. The ECB will…

ELA for Greek banks reduced by a further 2.1 billion euros
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ELA for Greek banks reduced by a further 2.1 billion euros

ilias1 - Dec 17, 2015

The Bank of Greece has announced that the Governing Council of the European Central Bank reduced the ceiling of the Emergency Liquidity Assistance (ELA) by 2.1 billion…