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Tag: ECB

Tomorrow, the attention of the world’s financiers will be directed to the conference in Skopje

Tomorrow in Skopje, high representatives from the International Monetary Fund (IMF), the European Central Bank (ECB) and the World Bank will discuss the current situation of the global economy, and in which direction it is going. The International High Level Conference regarding Monetary Policy and Financial Management is organized by the National Bank, and the theme is "Global Economic Expansion,...

Greek Parliament votes for a second package of austerity measures; New blow to Syriza and Tsipras

The new priority measures for Greece have the adopted, however Alexis Tsipras did not get the support for his demands for a broader support of his party Syriza. In the marathon parliamentary discussion which finished with a vote at four in the morning, the measures were supported by 230 of 298 of the present MP’s; 63 voted against and...

ECB will continue its financial support to Greek banks

European Central Bank (ECB) today announced that it will continue with the current financial aid to Greek banks through the mechanism of emergency which is in force since February this year. "Given the current circumstances, the Management Board of the European Central Bank decided to proceed with immediate liquidity of Greek banks," the statement reads, but it is added that...

Draghi’s 1,000 billion crashed the euro, but raised the prices of shares

The main program of the European Central Bank (ECB) for buying bonds should strengthen the economy in the Eurozone, but that alone will not be enough, said the director of the International Monetary Fund (IMF), Christine Lagarde, calling on Governments to implement structural reforms. - It should help, but it alone will not be enough to revive the European economy...