Greece

Draghi ties ECB's Greek funding to bailout compliance

Photo

NICOSIA/ATHENS - The European Central Bank will resume normal lending to Greek banks only when it sees Athens is complying with its bailout program and is on track to receive a favorable review, ECB President Mario Draghi said on Thursday. | Video

Greece cannot rely on ECB to dodge funding crunch

NICOSIA - Greece cannot rely on the European Central Bank to raise a limit on Athens' issuance of short-term debt, ECB President Mario Draghi suggested on Thursday.

05 Mar 2015

Euro zone rebuffs Spanish talk of new Greek bailout

BARCELONA/BRUSSELS - Germany and the European Commission slapped down talk of a third financial rescue for Greece as premature, after Spain once again suggested on Wednesday that a new aid package for Athens was almost inevitable. | Video

Germany, Spain 04 Mar 2015

Euro zone rebuffs Spanish talk of new Greek bailout

BARCELONA/BRUSSELS - Germany and the European Commission slapped down talk of a third financial rescue for Greece as premature, after Spain once again suggested on Wednesday that a new aid package for Athens was almost inevitable. | Video

Germany, Spain 04 Mar 2015

Germany says euro zone has hands full with existing Greek bailout programme

BARCELONA/BRUSSELS - Germany and the European Commission said on Wednesday that talk of a third bailout for Greece was premature, while Spain's Economy Minister was insistent that further support was almost inevitable.

Spain, Germany 04 Mar 2015

IMF's Lagarde: Success of Greek reforms rest on implementation

WASHINGTON - The success of Greece's reform plan depends on the framework that is put in place and how the overhaul is implemented, International Monetary Fund chief Christine Lagarde said on Wednesday.

IMF, 04 Mar 2015

Greek government to tackle 'humanitarian crisis' in first parliamentary bill

ATHENS - Greece's government submitted a bill to offer free food and electricity to thousands of poverty-stricken Greeks as its first legislative act in parliament, in a symbolic move to address what it calls a "humanitarian crisis".

World, 03 Mar 2015

EBRD to launch funding in Greece, promoting enterprise

BRUSSELS - The European Bank for Reconstruction and Development will launch a five-year program of loans and investments in Greece that EU governments hope can foster enterprise and growth to help revive an economy hobbled by public-sector debt.

03 Mar 2015

Greece taps public sector cash to help cover March needs: sources

ATHENS - Greece is tapping into the cash reserves of pension funds and public sector entities through repo transactions as it scrambles to cover its funding needs this month, debt officials told Reuters on Tuesday.

03 Mar 2015

Grexit risk rising despite cash lifeline: investor survey

LONDON - Chances of Greece leaving the euro zone in the next 12 months are the highest since late 2012 even though Athens's financial lifeline has been extended, a survey of investors based mainly in Germany showed on Tuesday.

Germany 03 Mar 2015