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Greek banks

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Greek crisis hits international firms

07/07/2015(0)
Strict capital controls in place at all Greek banks are preventing the collection of legal fees owed to international law firms, the Gazette has learned as the country’s referendum result sets ... Read More
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Rift Emerges as Europe Gears Up for New Talks on Greece Bailout

07/07/2015(0)
Germany continued to maintain a hard line with Athens on Monday, just a day after Greek voters decisively rejected a bailout deal from its creditors. But some European countries ... Read More
ECB

ECB to keep tight funding grip on Greek banks after ‘no’ – sources

06/07/2015(0)
The European Central Bank (ECB) is likely to maintain emergency funding for Greek banks at its current restricted level, people familiar with the matter said on Sunday, a move ... Read More
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Greece debt crisis: Greek voters reject bailout offer

06/07/2015(0)
Greek voters have decisively rejected the terms of an international bailout. The final result in the referendum, published by the interior ministry, was 61.3% “No”, against 38.7% who voted ... Read More
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SNP downgrades Greece and puts chances of Grexit at 50 per cent

30/06/2015(0)
S&P has downgraded Greece‘s credit rating from CCC to CCC-, and says there is a 50 per cent chance it will leave the Euro. It made the change because ... Read More
greece-ecb

ECB Said to Raise Cap on Emergency Liquidity for Greek Banks

23/06/2015(0)
The European Central BanK (ECB) increased the cap on emergency liquidity for Greek lenders for the fourth time in less than a week, said a person familiar with the matter. ... Read More
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ECB Modestly Boosts Emergency Lending for Greek Banks

21/05/2015(0)
Europe’s central bank extends lifeline to financial institutions, as tense debt talks between Athens and creditors continue The European Central Bank on Tuesday increased the amount of money Greek ... Read More
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Greek Banks relieved to hear their collateral is intact, as ELA grows

13/05/2015(0)
The European Central Bank raised the emergency liquidity assistance (ELA) ceiling for Greek banks by 1.1 billion euros on Tuesday, in the wake of Monday’s Eurogroup meeting that recorded ... Read More
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IMF Works With Bank Regulators on Contingency Plans for Greek Default

11/05/2015(0)
Discussions with authorities in southeastern Europe aimed at girding for potential failure of bailout talks The International Monetary Fund is working with national authorities in southeastern Europe on contingency ... Read More
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Greece makes IMF payment but hopes of quick deal dashed

06/05/2015(0)
Greece made a small interest payment to the International Monetary Fund on Wednesday but European lenders dashed hopes for a cash-for-reforms deal before a more crucial, bigger installment Athens ... Read More
Broker Cyprus TopFX