International Herald Tribune
| 11 months ago
The central bank's action could hurt some Greek banks that use holdings of their own government's bonds as collateral to obtain low-cost loans from the central bank. And it served as a reminder of how dependent Greece is on outside help. The Greek...
Asian Wall Street Journal
| 11 months ago
European Central Bank said it would reject Greek government bonds as collateral for its normal lending operations from next Wednesday, raising pressure on Athens to comply with demands of its international creditors for deep budget cuts. Government...
The Economic Times
| 11 months ago
The European Central Bank said on Friday it will stop accepting Greek sovereign bonds as collateral but will review the situation once a team of international auditors has completed its visit to Athens. In the interim, Greek banks could continue to...
