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Thursday, February 5, 2015

ECB to stop accepting Greek bonds as collateral for granting liquidity

This is pure and blatant blackmail and came without a warning! The European Central Bank decided to stop accepting Greek bonds as collateral for granting liquidity as of February 11th 2016. Greek banks can still receive emergency funding from Greek Central Bank via Emergency Liquidity Assistance, a statement said. ECB […]


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