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International Monetary Fund

02 Apr 2016

Greece wants IMF explanations over Wikileaks report: official

Greece today demanded "explanations" from the International Monetary Fund (IMF) after Wikileaks said the lender sought a crisis "event" to push the indebted nation into concluding talks over its reforms

10 Nov 2015

Eurozone won't release new money for Greece until reforms done

The eurozone will release the next tranche of loans for Greece as well as money for bank recapitalisation only after Athens implements agreed reforms, euro zone finance ministers said, noting a Greek pledge the conditions would be met this week.

05 Aug 2015

ECB leaves stopgap funding for Greek banks unchanged

The European Central Bank decided Wednesday to leave its emergency credit lifeline for Greece unchanged for the next two weeks, said a source close to the matter who asked not to be identified.

20 Jul 2015

Banks reopen, taxes rise as Greece pays billions to creditors

Greece`s government hiked taxes and paid billions of euros to its creditors on Monday, as banks reopened just days after the debt-laden country reached a reforms-for-cash deal with its European partners.

20 Jul 2015

Greek banks reopen as Tsipras eyes return to normal

Queues formed outside bank branches in central Athens as people waited to take care of business frozen during the three week-long bank holiday.

Greece debt crisis

19 Jul 2015

Greek banks to reopen Monday but capital controls remain

Greek banks will reopen Monday after a three-week closure and withdrawal limits have been relaxed, but capital controls remain in place, a government decree said Saturday.

European Central Bank

18 Jul 2015

Greek bank shutdown cost economy 3 billion euros: Report

The three-week shutdown of Greek banks has cost the country`s struggling economy some 3.0 billion euros ($3.3 billion) not counting lost tourism revenue, a report said Saturday.

17 Jul 2015

Greek banks to re-open on Monday

Greek banks, which have remained shut since June 29, are due to re-open on Monday, after the ECB raised the level of emergency funding available.

16 Jul 2015

ECB raises emergency funding to Greek banks by 900 mn euros

The increase corresponded to the amount requested by the Bank of Greece, Draghi said.

13 Jul 2015

Greek banks to remain shut: Finance ministry source

Greek banks will remain shut beyond Monday, a finance ministry source said as authorities struggled to contain the economic damage from a two-week closure brought about by a cash shortage.

13 Jul 2015

ECB keeps emergency liquidity for Greek banks at current level

The European Central Bank decided Monday to leave its stop-gap credit facility for Greece, known as Emergency Liquidity Assistance (ELA), unchanged at around 89 billion euros ($99 billion), an ECB spokeswoman said.

08 Jul 2015

Greek banks to stay closed until Monday: Finance ministry

Greek banks will remain closed until Monday, the finance ministry said as the government raced to come up with a new proposal to present to creditors in a last-minute drive to avert a eurozone exit.

07 Jul 2015

Greek banks could run out of cash in next two days : Sources

Greek banks could start to run out of cash over the next two days if creditors do not agree to a new aid deal, two sources familiar with the country`s financial system said on Tuesday.

06 Jul 2015

Greek banks to stay closed until Wednesday: Official

Greek banks will remain closed until Wednesday with limits on daily withdrawals unchanged, the state news agency reported today, citing officials.

01 Jul 2015

ECB will not increase liquidity lifeline to Greek banks: source

The European Central Bank`s governing council on Wednesday decided not to increase the liquidity lifeline to cash-strapped Greek banks, a Greek banking source said.

European Central Bank

29 Jun 2015

ECB faces tough choice on cash lifeline for Greece

In a bid to keep markets calm, the European Central Bank made a tough choice when it opted to keep open the financial lifeline to Greek banks at the weekend, analysts said on Monday.

29 Jun 2015

Global markets plunge as Greece shuts banks after run on ATMs

Markets across the world tumbled Monday as Greece ordered its banks to shut for a week and imposed capital controls after its citizens emptied ATMs.

28 Jun 2015

ECB puts no fresh cash into Greek banks

The ECB Governing Board board said it "decided to maintain the ceiling to the provision of emergency liquidity assistance (ELA) to Greek banks at the level decided on Friday".

27 Jun 2015

`Plan B` looms after Greece and Europe fall out

With Greece`s creditors refusing to extend its bailout, attention has turned swiftly to preventing massive capital flight as worried Greek citizens pull cash from ATMs.

23 Jun 2015

ECB raises emergency funding for Greek banks

The European Central Bank increased its funding lifeline to Greece`s banks again on Tuesday, sources with direct knowledge of the decision said, allowing the country`s banks to stay open as Athens inches towards a deal with creditors.

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