Greek central bank warns of eurozone and EU exit
The Greek central bank warned for the first time on Wednesday that the country could suffer a "painful" exit from the eurozone and even the EU if it fails to reach a bailout deal with international creditors.
Jun 17, 2015, 19:53 PM ISTIndebted Greece seeks small change from dormant accounts
The Greek government, struggling to keep up its debt repayments, announced on Tuesday that any dormant public sector accounts holding less than 100 euros ($109) should be emptied and the funds handed over to the central bank.
May 27, 2015, 09:00 AM ISTGreece taps IMF reserves to pay IMF debt: Sources
Greece emptied an IMF holding account to repay 750 million euros ($840 million) due to the fund, a Greek central bank official said, avoiding default but underscoring the dire state of the country`s finances.
May 13, 2015, 00:50 AM ISTGreek central bank chief blames bad loans for massive bank losses
The Greek economy is also expected to register slim growth this year after a six-year recession.
Jun 25, 2014, 18:42 PM IST