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The Agora => Greek News => Topic started by: Maik on Sunday, 28 June, 2015 @ 13:47:48

Title: ECB to walk away?
Post by: Maik on Sunday, 28 June, 2015 @ 13:47:48

Quote

ECB 'to end Greek bank lifeline'

The European Central Bank is expected to end emergency lending to Greece's banks on Sunday, the BBC understands.

The country's banks depend on the ECB's Emergency Liquidity Assistance (ELA). Its governing council is meeting later.

Greece will probably have to "announce a bank holiday on Monday, pending the introduction of capital controls", a source told the BBC's Robert Peston.

http://www.bbc.com/news/world-europe-33303105

Title: Re: ECB to walk away?
Post by: Maik on Sunday, 28 June, 2015 @ 15:43:02

Quote

ECB says it will maintain funding of Greek banks at level agreed on Friday

This breaking news story is being updated and more details will be published shortly. Please refresh the [BBC] page for the fullest version.

http://www.bbc.com/news/world-europe-33304674