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Saturday, January 31, 2015

Greek emergency funding would be a decision for ECB council: Constancio

ECB Vice-President Vitor Constancio said on Saturday that a decision on whether to give Greece emergency funding would be up to the central bank's Governing Council. He was commenting on options available for Greek banks if the country's new anti-bailout government quits its EU/IMF program. Constancio said that the central bank's emergency liquidity assistance (ELA) facility -- designed as a ...


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