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Greek banks in focus after ECB stops accepting its bonds

Greek banks in focus after ECB stops accepting its bonds

Greece's economy remained heavily in focus on Thursday (February 5) after the country's finance ministry said its banking system was protected through its access to emergency liquidity assistance (ELA) available from the domestic central bank, after the European Central Bank (ECB) said it would stop accepting Greek bonds in exchange for funding.
Euro zone growth prospects brighten slightly

Eurozone growth prospects brighten slightly

The eurozone's economic prospects are brighter now than they were three months ago thanks to cheaper oil, a weaker euro and the European Central Bank's quantitative easing, the European Commission said on Thursday (February 5).
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