Displaying items by tag: ecb
Pavlopoulos: ECB lacks tools for dealing with crises in Eurozone
The European Central Bank lacks the necessary tools to deal effectively with the debt crisis and the banking crisis and this is one of the major shortcomings in the Eurozone, President of the Hellenic Republic Prokopis Pavlopoulos said on Tuesday, in a meeting with Bank of Greece Governor Yannis Stournaras.
ECB reinstates waiver for Greek bonds
The governing council of the European Central Bank (ECB) announced on Wednesday it is reinstating a waiver affecting the eligibility of Greek bonds used as collateral in the bank’s funding operations, in a move that was widely anticipated.
ECB deferred from reinstating the ‘waiver’ for Greece
The European Central Bank deferred giving Greece access to its cheap money on Thursday, hours before Athens rushed through parliament a batch of bailout reforms which could have qualified the country for the lifeline cut off a year ago.