1. National

Major Greek banks 'could be forced to merge'

Some of Greece's biggest banks may have to shut and merge with their rivals, it has been claimed.

A European official told the Reuters news agency that Greece's four big banks - National Bank of Greece, Eurobank, Piraeus and Alpha Bank - could be reduced to just two.

European leaders are meeting on Sunday in a bid to strike a financial aid deal with Greece.

View all 164 updates ›

Emergency credit to Greek banks unchanged by ECB

The ECB said the level of emergency liquidity assistance would be unchanged. Credit: PA

The level of emergency credit to Greek banks has been maintained by the European Central Bank.

The ECB said today it would not change the level of emergency liquidity assistance to Greek banks from the level set on June 26.

ITV News Europe Editor James Mates said the move pushed Greek banks "closer to the edge".

More on this story