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Tag: European central bank

Greece is a success story: Mario Draghi

Outgoing European Central Bank (ECB) President, Mario Draghi on Thursday referred to Greece as a success story. Draghi made the comments, when referring to Greece’s economic course as seen through his eight-year…

Greek budget under EU spotlight today

Greece’s draft budget including the introduction of positive measures to deter any possible pension cuts will be discussed at todays Eurogroup Working Group meeting in Brussels. According to greek news agency ANA,…

Greek bank shares drop due to overreaction

A Financial Times report referencing the significant drop in bank share prices yesterday at the Athens Stock Exchange, noted nonetheless Greek banks are still well recapitalised and follow the schedule agreed with…

European Central Banker praises Greek Government

Bernard Delahaye of the European Central Bank praised the Greek government today for its “remarkable work” in recent years as it negotiated the crisis. Delahaye who made the statements during an interview…