Pages

Thursday, September 5, 2013

ECB Says No To Greek Debt Relief

Mario Draghi European Central Bank President Mario Draghi reiterated today that the bank would not takes losses on its Greek bond holdings in order to give Greece debt relief. ';It is pretty clear that we cannot do monetary financing,'; Mario Draghi said at a news conference. Asked directly if the ECB would participate in Greek debt relief, he said: ';No';. Greece is likely ...

READ THE ORIGINAL POST AT www.greekherald.com