European Central Bank

ECB Increases Emergency Funding for Greek Banks

The European Central Bank raised the amount of emergency funding for Greece's troubled banks by 2.3 billion euros on Wednesday, banking sources said, as negotiations between Athens and its creditors reached a critical stage.

Germany, France Usher Greece Back to Negotiating Table

European leaders told Greece on Friday to return to the negotiating table for "intensive work" to wrap up a reform agreement before cash runs out, sidestepping Athens' demand for a comprehensive, long-term solution to its troubles.