Jun 18, 2015 at 10:03 | Source: Reuters
The Bank of Greece said the country's future in the European Union itself could also be at risk without a deal, underlining the extent to which officials who once refused any suggestion of "Grexit" are now openly discussing the prospect.
Jun 18, 2015 at 08:06 | Source: PTI
The banking source told AFP the increase was "sufficient" to meet bank needs but did not divulge the total level of funding available to them this week.
Jun 17, 2015 at 21:51 | Source: CNBC
Greek banks are currently reliant on a loan program offered by the European Central Bank known as Emergency Liquidity Assistance (ELA). This is designed to provide credit to financial institutions in the euro zone that are solvent but face "temporary liquidity problems."
Jun 17, 2015 at 09:14 | Source: Reuters
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
Jun 17, 2015 at 08:01 | Source: CNBC
Asian stocks were mixed on Wednesday ahead of monetary policy decisions in the US and Europe, while worries over Greece also hurt sentiment.
Jun 16, 2015 at 07:53 | Source: PTI
Power Finance Corporation said that it will raise external commercial borrowings (ECBs) worth USD 1 billion.
Jun 15, 2015 at 21:50 | Source: CNBC
Draghi said that the ECB had extended around 118 billion euros (USD 133 billion) to Greek banks in 2015, more than double the amount in 2014 and equivalent to around two-thirds of Greece's gross domestic product (GDP).
Jun 15, 2015 at 08:31 | Source: Reuters
Talks on ending a deadlock between Greece and its international creditors broke up in failure on Sunday, with European leaders venting their frustration as Athens stumbled closer towards a debt default that threatens its future in the euro.
Jun 11, 2015 at 14:41 | Source: CNBC-TV18
In an interview to CNBC-TV18, Adrian Mowat of JP Morgan said he will buy India, particularly manufacturing and building material stocks, if it corrects some more.
Jun 11, 2015 at 08:17 | Source: Reuters
The European Central Bank is concerned about the political pressure that Ireland's still fragile banks are under to cut mortgage rates deemed too high by the government, Ireland's head of financial regulation said on Wednesday.