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Friday, March 6, 2015

Draghi ties ECB's Greek funding to bailout compliance

By John O'Donnell and Angeliki Koutantou NICOSIA/ATHENS (Reuters) - The European Central Bank will resume normal lending to Greek banks only when it sees Athens is complying with its bailout program and is on track to receive a favorable review, ECB President Mario Draghi said on Thursday. He also made clear the euro zone bank would not raise a limit on Athens' issuance of short-term debt to ...


READ THE ORIGINAL POST AT ca.news.yahoo.com