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Wednesday, May 27, 2015

ECB might ease Greek restrictions if aid deal likely

By Marc Jones LONDON (Reuters) - The European Central Bank might ease restrictions on how much short-term Greek government debt the country's banks can hold if becomes clear the euro zone will disburse long-awaited aid to Athens, a banking source said on Wednesday. The ECB has kept up pressure on cash-strapped Greece in recent months by capping the amount of Treasury bills the country's banks are allowed to hold, effectively cutting off the government's main borrowing channel. ...


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