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ECB freezes ELA cap for Greek banks at 89 bln

The European Central Bank (ECB) on Wednesday decided to keep the Emergency Liquidity Assistance (ELA) for Greek banks frozen at the same level as on June 26, namely 89 billion euros, without raising or lowering it further, according to sources.

  • Published in Greece

Liberal leader blasts Tsipras in Strassburg

Guy Verhofstadt, the leader of the liberal group in the European Parliament and Belgium's  ex Prime Minister,  warned during his parliamentary speech that Europe “is sleepwalking towards a Grexit”.

  • Published in Greece

Search for shipwrecked migrants continues

Three bodies have been recovered by Greek rescue teams on Tuesday after a sailboat carrying 37 to 40 undocumented migrants sank in the sea between the Aegean islands of Agathonissi and Farmakonissi earlier today, according to the Hellenic Coast Guard.

  • Published in Greece
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