European Central Bank

Clean bill of health for Greek banks from stress tests

Greek banks received what amounts to a virtually clean bill of health from the European Central Bank, as the results of the stress tests Frankfurt performed on the four systemic lenders of this country showed on Sunday that Alpha and Piraeus have completed the exercise successfully through their dynamic picture, and only Eurobank and National need to cover the negligible amount of 291 million e

Samaras, Juncker examine Greek proposal for emerging from bailout

Prime Minister Antonis Samaras and incoming European Commission President Jean-Claude Juncker discussed on Thursday the broad strokes of Greece’s plan for emerging from its loan program as well as a pending review by the troika, which must be completed before such an exit can occur, on the sidelines of a European Union summit in Brussels.

ECB cools speculation over bank health checks ahead of results

 Efe had reported that three Greek banks have failed health checks

The European Central Bank cautioned on Wednesday against speculation over the outcome of its stress tests after a media report said at least 11 banks had failed the landmark financial health checks, driving some banking shares lower.

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