European Central Bank
International lenders will return to Greece in late September
The European Central Bank, the European Commission and the International Monetary Fund, also known as the troika, said on Thursday they would return to Greece later in September to study reform progress under the existing adjustment program.
ECB rate cut bolsters Greek stock prices
News of the rate cut by the European Central Bank gave Greek stocks a boost on Thursday, with banks benefiting the most, while turnover continued to grow, rising above the 100-million-euro mark.
- Read more about ECB rate cut bolsters Greek stock prices
- Log in to post comments
Bond market girds for ECB meeting with sub-zero short-term rates
German bonds were little changed as fixed-income traders prepared for a monetary-policy decision from the European Central Bank amid speculation officials will boost stimulus measures to support the euro-area economy.
...
Local stocks pick up on fresh hopes
The Greek bourses four-session declining streak came to an end on Wednesday as news of a truce in Ukraine and the prospect of todays European Central Bank statements helped to buoy up the main index, although declining stocks outnumbered the gainers again. Turnover also continued to rise.
- Read more about Local stocks pick up on fresh hopes
- Log in to post comments
Greek lenders in the line of fire
The European Central Banks landmark review of eurozone banks will have to ask lenders to raise an additional 51 billion euros to be credible with markets, a Goldman Sachs survey of large institutional investors has found.
- Read more about Greek lenders in the line of fire
- Log in to post comments
Eurozone retail sales slow sharply in July, add to growth worries
Eurozone retail sales slowed as expected in July, data showed on Wednesday, adding to worries about eurozone economic growth, which ground to a halt in the second quarter.
Cheap energy pulls down eurozone producer prices in July
BRUSSELS - A drop in highly volatile energy prices depressed eurozone producer prices in July as expected, underlining disinflationary pressures in the single currency area ahead of the European Central Bank's monetary policy meeting on Thursday.
Stress tests begin for lenders
Banks expect results of the exercise after mid-October, though meetings with ECB should provide good idea
By Yiannis Papadoyiannis
- Read more about Stress tests begin for lenders
- Log in to post comments
Deadline looms for Cyprus vote on key bill
International lenders will withhold the next payment in Cypruss 10-billion-euro bailout unless the islands Parliament passes a crucial law this week speeding up foreclosures of nonperforming banks loans (NPLs).
- Read more about Deadline looms for Cyprus vote on key bill
- Log in to post comments
Hardouvelis optimistic ahead of Paris meeting
The Greek government has stepped up its efforts in advancing the structural measures it has committed to, Finance Minister Gikas Hardouvelis said Monday ahead of a two-day meeting with troika officials in Paris starting Tuesday.
- Read more about Hardouvelis optimistic ahead of Paris meeting
- Log in to post comments