Displaying items by tag: ecb

The European Central Bank (ECB) challenged an attempt by the European Court of Auditors (ECA), the watchdog of EU finances, to examine the Bank’s role in the Greek bailout and reform programmes and refused to provide access to some requested information, citing banking confidentiality.

New figures show that Germany has earned more than €1.3 billion from the aid funds given to Greece over the past decade.

The European Central Bank's data about real unemployment in Greece is frightening as it is seen reaching 31.3% in the fourth quarter of the year.