ECB will not increase liquidity lifeline to Greek banks: source

Last Updated: Thursday, July 2, 2015, 03:45

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.

ECB faces tough choice on cash lifeline for Greece

Last Updated: Monday, June 29, 2015, 18:45

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.

Global markets plunge as Greece shuts banks after run on ATMs

Last Updated: Monday, June 29, 2015, 15:22

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.

ECB puts no fresh cash into Greek banks

Last Updated: Sunday, June 28, 2015, 20:13

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".

`Plan B` looms after Greece and Europe fall out

Last Updated: Sunday, June 28, 2015, 05:07

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.

ECB raises emergency funding for Greek banks

Last Updated: Tuesday, June 23, 2015, 21:56

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.

Greek banks `cannot afford` no deal: Eurobank chief

Last Updated: Monday, June 22, 2015, 21:51

Greek banks "cannot afford" the current uncertainty, the chairman of one of Greece`s biggest lenders said on Monday, warning that failure to reach an agreement with creditors would be "disastrous".

ECB raises emergency liquidity for Greek banks: bank source

Last Updated: Friday, June 19, 2015, 18:39

The European Central Bank on Friday raised the level of emergency funding for Greek banks by an unspecified amount following a request from the Bank of Greece, a bank source said.

Greek banks okay with stress but not default: ECB's Knot

Last Updated: Tuesday, June 16, 2015, 23:05

Greek banks are solvent and could withstand some stress but would run into trouble if the Greek government were to default, European Central Bank Governing Council member Klaas Knot told the Dutch parliament on Tuesday.

ECB`s Draghi says major Greek banks currently solvent

Last Updated: Monday, June 15, 2015, 21:22

Greece`s major banks are currently solvent and the European Central Bank will continue to provide liquidity to them to help finance the economy, ECB president Mario Draghi said on Monday.

Eurozone recovery `is there` says ECB chief

Last Updated: Thursday, April 23, 2015, 12:06

Economic recovery has arrived in the 19 countries that share the euro, but it is up to governments to ensure it endures, European Central Bank executive board member Benoit Coeure said Thursday.

Euro central banks lent 110 bn euros to Greek banks: Report

Last Updated: Monday, April 20, 2015, 18:35

European central banks have lent 110 billion euros to Greek banks, the head of France`s monetary authority said in comments published Monday, warning that any move by Athens to leave the eurozone would be "traumatic."