Browse through our Interesting Nodes on the Eastern European States A)? GHT="50">
Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Saturday, 17 August 2019
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens Macedonian News Agency: News in English, 15-07-08

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] ESM Chairman refers Greek aid request to ECB, European Commission
  • [02] ECB keeps ELA cap for Greek banks 'frozen' at 89 bln

  • [01] ESM Chairman refers Greek aid request to ECB, European Commission

    ANA-MPA -- Eurogroup President Jeroen Dijsselbloem on Wednesday referred Greece's official request for financial assistance from the European Stability Mechanism (ESM) to the European Central Bank (ECB) and the European Commission. In a letter addressed to European Commissioner for Economic and Monetary Affairs Pierre Moscovici and ECB President Mario Draghi, Dijsselbloem informs them of Greece's request for "stability support in the form of a loan" and asks them to assess the request under ESM rules. Dijsselbloem asks them to undertake to: a) assess the existence of a risk to the financial stability of the euro area as a whole or to its member-states b) to assess, together with the International Monetary Fund (IMF), whether Greece's public debt is sustainable c) to assess Greece's actual or potential financing needs He ends the letter by saying that their assessments, along with the proposal of the ESM Managing Director, will form the basis of the decision that will be taken by the ESM Board of Governors, where Dijsselbloem serves as Chairperson.

    [02] ECB keeps ELA cap for Greek banks 'frozen' at 89 bln

    ANA-MPA -- 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. The ECB board will re-examine liquidity conditions for Greek banks next Monday, the same sources said, noting that this was adequate to cover the banking system's needs until next Monday with the existing capital controls and withdrawal restrictions in place.
    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Wednesday, 8 July 2015 - 18:38:07 UTC