European Central Bank hikes cap on emergency assistance by £629m as protesters take to the streets against proposed third bailoutAthens has been thrown further emergency assistance after the European Central Bank (ECB) increased liquidity for Greek lenders ahead of a crucial vote on a third bailout programme for the debt-stricken nation.While lawmakers argued over reforms set as the price of rescue loans from international creditors, the ECB’s governing council agreed to raise the cap on emergency assistance for the country’s fragile banking system by €900m (£629m) on Wednesday. Continue reading...
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