Pages

Thursday, February 12, 2015

European Central Bank throws Greece a lifeline before crunch eurozone talks

Extension of emergency lending facility to Greek finance sector lifts euro and gives PM Alexis Tsipras stronger hand before leaders’ summit in BrusselsThe European Central Bank has thrown Greece a lifeline to prevent Athens running out of money before crunch talks with European leaders.The extension of emergency funding to the Greek finance sector by the eurozone’s central bankers lifted the euro and gave Greece’s prime minister, Alexis Tsipras, a stronger hand before meetings with senior officials at the leaders summit in Brussels. Related: David Cameron urges end to Greek debt standoff -- live updates Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com