emergency-liquidity-assistance

ECB agrees to extra emergency funding for Greek banks

Rediff.com16 Jul 2015

Conditions are fit for a raise in Emergency Liquidity Assistance

UK's banks have Brexit shock absorbers

Rediff.com23 Jun 2016

A 2008-style bank run seems unlikely, but if it did happen, the sector is much better prepared.

Greece may find it is easier to close banks than re-open them

Rediff.com30 Jun 2015

Closing banks and restricting the flow of capital can build pressure for a solution as finances get squeezed.

Greek finance minister quits after voters reject bailout terms

Rediff.com6 Jul 2015

Greek Finance Minister Yanis Varoufakis announced his resignation on Monday, a day after Greeks delivered a resounding 'No' to the conditions of a rescue package.

This is how Euro zone plans to counter the Greek crisis

Rediff.com19 Jun 2015

The IMF dashed any hope that Athens could avert default.

Greece offers new proposals to avert default, creditors see hope

Rediff.com23 Jun 2015

Greek proposals hailed as "a positive step forward".