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Wednesday
24
Jun 2026
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Athens 28°C

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Global markets in panic amid coronavirus outbreak – Athens Stock market drops by over 10%

The ECB's decision to not cut rates exacerbated the uncertainty

Draghi: Greece to be in QE if progress continues

The central banker said that the country had exceeded goals more than once

Greek 10-year bond yields falls below 2%

The impact of Lagarde's appointment at the helm of the ECB continues

EU28 agreed on top EU posts – Ursula von der Leyen to be head of EC

Christine Lagarde appointed the head of the ECB

Greece to guarantee up to 20bln Euros of banks’ “bad loans”

The government considers setting up a special purpose scheme

Greek 10-year bonds reaches 4.6% level

Amid volatiliy in emerging markets and promises of provisions by Greek government

ECB revokes waiver on Greek bonds, into effect on August 21

The development had been previously announced by ECB chief Mario Draghi

ECB President Mario Draghi announces the end waiver for Greek bonds from August 20

This means Greek bonds can no longer be used for collateral for loans

ECB: Greece has lowest growth rate in Eurozone

Greeks also have lowest average income

“Green light” from the Euroworking Group for Greece

The procedure then provides for approval by the European Parliaments

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