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Greek economy

World news about “Greek economy” published by euronews.

23/06 17:38 CET

ECB agrees cheaper loans to fund Greek banks

ECB agrees cheaper loans to fund Greek banks

The European Central Bank has agreed to accept ‘junk’ rated Greek debt as collateral for normal ECB lending to banking institutions. ECB reinstates waiver for eligibility of Greek bonds used as collateral in Eurosystem monetary policy operations…