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News Tagged By: European Central Bank (ECB)

Greece expects bailout deal with lenders in two weeks
It will be the indebted nation's third bailout since 2010, designed to stave off bankruptcy and keep the country from toppling out of the euro zone.
Posted on 8-04-2015 at 11:11 AM
In remarkable about-face, Greece returns to embrace euro
On the weekend, Greece’s exodus from the euro seemed all but assured. By Thursday, in a remarkable turnaround, Greece once again seemed anchored to the common currency.
Posted on 7-16-2015 at 6:59 PM
Euro drops to 7-week low as Mario Draghi leaves rates unchanged
The euro fell to the lowest level in seven weeks against the dollar as European Central Bank President Mario Draghi reiterated his commitment to seeing through the whole course of his bond-buying plan.
Posted on 7-16-2015 at 8:21 AM
Greek bailout approved in Athens as ECB weighs emergency funding
Greek lawmakers passed a bailout agreement that keeps the country in the euro for now, shifting attention to the European Central Bank as it weighs whether to pump more money into the country’s hobbled financial system.
Posted on 7-15-2015 at 7:56 PM
EU chairman Tusk urges debt relief as part of Greek deal
The call was an implicit challenge to Germany, Athens’ biggest creditor, which has so far ruled out any write-offs as illegal and taken a restrictive view of reprofiling the debt to help Greece over a major repayment hump this year.
Posted on 7-09-2015 at 7:26 AM
Long lines for cash as Greeks fear extended bank closures
Long line-ups formed at cash machines as Greeks suspected that the banks would not reopen Tuesday and that the withdrawal limits would be reduced to the point families would have trouble paying for their basic needs.
Posted on 7-06-2015 at 10:29 AM
Euro zone welcomes new Greek debt proposals, more work to do
Euro zone finance ministers welcomed new Greek proposals for a cash-for-reform deal on Monday but said they required detailed study and it would take several days to determine whether they can lead to an agreement to avert a default.
Posted on 6-22-2015 at 10:00 AM
Closing Report: Nasdaq at record as Wall St runs on strong data; Greece eyed
The Nasdaq Composite on Thursday erased its last standing milestone from the dot-com era as it set a record intraday high, with stocks on Wall Street in rally mode boosted by strong economic data.
Posted on 6-18-2015 at 5:05 PM
Greek central bank issues 'Grexit' warning if aid talks fail
The ongoing crisis has prompted an outflow of deposits of about 30 billion euros ($33.84 billion) from Greek lenders between October and April, the central bank said.
Posted on 6-17-2015 at 7:36 AM
EU preparing for 'state of emergency' after Greek talks collapse
Athens has just two weeks to find a way out of the impasse before it faces a 1.6B euro bill due to the IMF, potentially leaving it out of cash, unable to borrow and cast out of the single currency.
Posted on 6-15-2015 at 7:28 AM
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