Displaying items by tag: ecb

Cyprus experienced irreparable losses to its banks, due to governmental mediation in the financial sector.

Greek Prime Minister Alexis Tsipras confirmed that the nation is in the final stages of securing a deal with its global lenders, regarding its third multi-billion euro bailout.

The European Central Bank has made the decision to keep Greece's emergency credit unaltered over the next two weeks, according to an unnamed source.