Greece Banks

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  Greece Reaches Preliminary Deal With Creditors: Minister

  Athens also hopes to be finally allowed access to the European Central Bank's asset purchase programme, known as quantitative easing, or QE, to help its return to bond markets.

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  Greece's Alexis Tsipras Facing The Music After Rollercoaster Year In Power

  He came to power vowing a debt revolution, but after a rollercoaster year of economic meltdown forcing him to abandon his election promises, a less bouncy but still charismatic Greek Prime Minister Alexis Tsipras is facing the music.

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  Greek Central Banker Urges Government on Bailout Reforms: Report

  Greece's central bank chief has urged the country's government to implement bailout reforms agreed with lenders, warning that backtracking would entail risks the economy could not withstand.

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  Greece Mobilises Over Cyber-Attack Threat Against Banks

  Armada Collective has reportedly demanded 700 Bitcoins - the equivalent of EUR 15,000 ($16,000) - to call off the incursion.

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  Greece Inks Deal With Creditors to Unlock 12 Billion Euros: Minister

  Greece has struck a deal with its international creditors to unblock some 12 billion euros in much-needed loans, Finance Minister Euclid Tsakalotos said today after marathon talks.

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  Greek Banks Must Find up to $15.8 Billion After ECB Stress Test

  Four major Greek banks must find up to 14.4 billion euros ($15.8 billion) to survive potential economic shocks, the European Central Bank said on Saturday after they underwent an in-depth financial health check.

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  Greek PM Wants to Move Fast on Bailout Programme to End Supervision

  Greek Prime Minister Alexis Tsipras said today he wants to move fast with the bailout programme so that Greece can cast off the creditors' tutelage and return to the markets.

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  Greece Likely to Meet Deadline for Bank Money Release: Euro Zone Officials

  Greece is likely to qualify for recapitalisation funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector reforms that it can implement by then, euro zone officials said on Friday.

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  Former Prime Minister Alexis Tsipras Plays Down Fears of Fractured Result in Greek Election

  Former Greek Prime Minister Alexis Tsipras played down fears on Sunday that a snap election in two weeks would produce a fractured result, saying there were enough undecided voters to produce a clear winner on the day.

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  Alexis Tsipras Asks Greeks For Outright Majority in September Vote

  Greece's ex-prime minister Alexis Tsipras called today for voters in upcoming snap elections to give his radical left Syriza party a "strong mandate" to lead the crisis-hit nation.

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  ECB Cuts Funding for Greek Banks as Liquidity Improves

  The ECB cut the ELA ceiling to 89.7 billion euros ($98.96 billion) from around 91 billion euros, reflecting a growing liquidity buffer and increasing confidence after Greece wrapped up negotiations with creditors on a bailout package worth around 85 billion euros last week.

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  Greek PM Alexis Tsipras Faces Biggest Party Revolt Yet as Bailout Approved

  Greek Prime Minister Alexis Tsipras faced the widest rebellion yet from his leftist lawmakers as parliament approved a new bailout programme on Friday, forcing him to consider a confidence vote that could pave the way for early elections.

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  Greek Parliament Approves Bailout After All-Night Debate

  Greek lawmakers finally voted through the country's third international bailout today after a bitter all-night debate, hours before European finance ministers were due to meet to approve the deal with Germany digging in its heels.

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  Greek Ruling Party Heads Toward Split Before Bailout Vote

  Greek Prime Minister Alexis Tsipras' Syriza party looked set to split after the leader of its far-left faction called on Thursday for a new movement to fight a bailout deal that lawmakers are expected to vote on in the coming hours.

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  Germany Skeptical Over Greece Bailout Deal Despite PM Tsipras' Confidence

  Greek lawmakers will hold an emergency parliament session today for a crucial vote on ratifying a hurriedly-concluded bailout deal, but Germany - Europe's de facto paymaster - has cast doubt on the agreement.