Mario Draghi
ECB’s Draghi says he did not want Greece out of eurozone
Outgoing European Central Bank chief Mario Draghi says that he was never part of the camp that wanted "to let Greece go" from the eurozone during the deadlock between lenders and the then recently elected SYRIZA party in 2015.
ECB's Draghi to visit Athens next Tuesday, meet PM
Mario Draghi, the outgoing president of the European Central Bank (ECB), will visit Athens next week (Oct. 1) to attend and speak at an event held in his honor at the Academy of Athens.
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Draghi confident of ECB buying Greek bonds if progress made
Greece can be included in the European Central Bank's asset purchase program, known as quantitative easing, if it continues to make progress in implementing reforms, ECB President Mario Draghi said on Monday.
The European Parliament Backed Christine Lagarde as ECB chief
The European Parliament has voted Christine Lagarde's nomination as President of the European Central Bank.
Lawmakers voted 394 in favour, 206 against and with 49 abstentions in the parliament's plenary in Strasbourg.
The approval of Lagarde's nomination is uncertain, as the final decision on her appointment is taken by the European Council.
The Nomination of Lagarde for President of the ECB Will be Voted Today
Today, MEPs will vote on the nomination of Christine Lagarde as President of the European Central Bank.
Before the secret ballot there will be a debate in the plenary.
The European Parliament expresses its opinion on whether the candidate is suitable for the post, with the final decision being taken by the European Council.
Commission in the EP Approves Christine Lagarde as Head of the ECB
The European Parliament's Committee on Economic and Monetary Affairs has supported, by secret ballot, Christine Lagarde's nomination to become President of the European Central Bank.
European leaders chose the current IMF chief as Mario Draghi's successor in July.
In order to take up the post in November, Lagarde also needs the approval of the entire European Parliament.
Greek 10-year bond yields hit new record low
Greek state bond yields fell to new all-time lows on Wednesday as prices rose further due strong buying interest for Greek securities.
The 10-year bond yield fell to 1.57 pct from 1.61 pct on Tuesday, with the five-year bond yield falling to 0.941 pct from 0.951 pct, respectively.
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Time deposit rates near zero
Even the interest rates of time deposits at Greek banks are approaching zero these days. Bank officials say that the rates will gradually decline from 0.5-0.6 percent today to 0.2-0.3 percent in the next few months.
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BoG at fore in battle against climate change
The Bank of Greece is, with the Bank of England and the European Central Bank, at the forefront of the battle to tackle climate change through the promotion of sustainable finance, according to the London-based Official Monetary and Financial Institutions Forum.
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Bank of Greece at the forefront in the battle against climate change
The Bank of Greece (BoG) is, along with the Bank of England (BoE) and the European Central Bank (ECB), at the forefront of the battle to tackle climate change through the promotion of sustainable finance, according to the Official Monetary and Financial Institutions Forum (OMFIF).