Article EGCS ECB hands Greece extra €900m in emergency funds

ECB hands Greece extra €900m in emergency funds

by
Jennifer Rankin in Brussels, Nick Fletcher and Phi
from on (#EGCS)

Funding comes as eurozone finance ministers scramble to assemble a7bn bridging finance to keep economy afloat

Greek banks will benefit from an extra a900m (630m) in emergency funding to keep them afloat, the European Central Bank has announced, possibly allowing bank branches to open on Monday.

Mario Draghi, the ECB president, said a majority of the central bank's governing council had voted in favour of the move that brings the institution's support for Greek banks to a130bn in total.

Continue reading...

rc.img

rc.img

rc.img

a2.img
ach.imga2t.imga2t2.imgmf.gif
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments