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Archive - Jun 2015

June 19th

The European Central Bank increases the liquidity funding to Greece in an attempt to avert the banking crisis

19 June 2015 / 18:06:51  
For the first time, however, Frankfurt has not officially announced the amount by which the limit has been increased. According to unconfirmed sources, it is 2 billion euro or 1 billion less than the 3 billion euro requested by the Bank of Greece yesterday.


Bulgaria returns an illegal waste shipment to Greece

19 June 2015 / 16:06:09  
The shipment remained on the border for more than two months until the authorities decided how to return it.


If Greece sneezes, the corporate sector in Bulgaria will get pneumonia

19 June 2015 / 15:06:06  
Both Bulgarians and Greeks are unhappy people, said PhD Ioakeim Kalamaris in an interview with Ivan Petkov taken for GRReporter readers.


Greece may wake up to closed banks on Monday

19 June 2015 / 13:06:33  
Only 24 hours after the European Central Bank increased by 1.1 billion euro the limit of the Emergency Liquidity Assistance (ELA) that provides financing to the Greek financial institutions, the banking system required a larger influx of liquidity to overcome capital flight.


June 18th

live Pro-European Greeks show their power

18 June 2015 / 20:06:46  
Following yesterday's demonstration in support of the government of SYRIZA and Independent Greeks and today's failed attempt to reach an agreement with the creditors at the level of the Eurogroup, thousands of Greeks are out in Syntagma Square to firmly declare that Greece belongs to the European Union and the euro area.


SYRIZA is not afraid of Grexit

18 June 2015 / 17:06:12  
"Creditors would suffer much more than Greece in the event of Grexit. People should not worry. We would have difficulties for several months but then everything would be fine," said Deputy Minister for Social Security Dimitris Stratoulis.


Creditors to make a statement on Greek debt

18 June 2015 / 16:06:24  
It seems that, aiming to achieve an agreement, the European Commission and the European Central Bank are discussing a Greek debt relief plan, which is the main demand of Alexis Tsipras’ government.