Bank of Greece
ECB to hold emergency cash review for Greek banks this week
The European Central Bank will hold an extraordinary review of the emergency liquidity assistance (ELA) extended to Greek lenders this week, two officials familiar with the matter said, as the Frankfurt-based institution is raising the pressure on Athens to meet its bailout commitments.
Greek bank bonds slide after premier refuses to extend program
By John Glover
Bonds of Greece?s banks extended declines, with notes of National Bank of Greece SA falling to a record, after Prime Minister Alexis Tsipras reiterated his government?s rejection of the country?s bailout program.
Banks, currently on life support, need to return to normality
By Yiannis Papadoyiannis
PM A. Tsipras speech throws down the gauntlet: “No more downward debt spiral!”
Prime Minister Alexis Tsipras received a warm welcome by all parties as he took the podium following Parliamentary Speaker Zoi Konstandopoulou’s prologue. He said that his goal was to serve national interests and to keep his party’s pre-election promises.
BoG Governor to Deputy PM: Greek banks' liquidity is absolutely safe ?
The 40-minute meeting that was held on Thursday between Bank of Greece governor Yannis Stournaras and Deputy Prime Minister Yannis Dragasakis focused mainly on the European Central Bank's decision to stop accepting Greek state bonds as collateral from February 11 onwards and the possible consequences of this development for Greece.
Bloomberg: 59.5 billion euro allowance from ECB to Greek banks
According to an official's statements to Bloomberg, the European Central Bank will allow to the Bank of Greece to provided nearly 59.5 billion euro to temporary emergency financing mechanism.
BoG Gov. Stournaras: ‘bank deposits as safe as ever’
Bank of Greece (BoG) Gov. Yiannis Stournaras reiterated on Thursday that “bank deposits as safe as ever”, dismissing rumour-mongering aimed at the domestic banking sector.
Greece says banks can tap further 10 bln euros in emergency funds
Greek banks have been given approval to tap an additional 10 billion euros in emergency funding over an existing ceiling if necessary, a Greek government official said in a statement on Thursday.
Greek banks plummet as ECB restricts direct access to funds
By Nikos Chrysoloras and Elisa Martinuzzi
Greek banks plummeted in Athens trading Thursday after the European Central Bank restricted direct access to its funding lines, forcing the nation?s lenders to rely on emergency funds.
Greek Finance Ministry says ECB decision aimed at Eurogroup
The Greek Finance Ministry interpreted a European Central Bank decision to stop accepting Greek government bonds as collateral from local lenders as a moved aimed at pushing Athens and its eurozone partners towards a new debt deal.