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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Wednesday, July 8, 2015

ECB's Nowotny can't see ELA increase for Greece

VIENNA (Reuters) - The European Central Bank is extremely unlikely to increase emergency funding for Greek banks, which is due to run out today, ECB Governing Council member Ewald Nowotny said. "We as the Governing Council will have to discuss today to what extent we can renew this credit again," Nowotny told journalists on the sidelines of an Austrian central bank event on Wednesday. "There will certainly be no desire to increase it. Quite honestly, I can barely imagine that." (Reporting by Georgina Prodhan; Editing by Arno Schuetze)


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