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Friday, February 6, 2015

The ECB's Decision and U.S. Jobs...Meanwhile, at the SNB

EU_Flag.jpg Home Page News Page Greece: No Bonds from You The ECB's decision yesterday to no longer accept Greek government bonds or state-guaranteed paper, but approving Emergency Lending Assistance (ELA) by the national central bank remains a key talking point today. The timing of the decision, following the meeting between new Greek Finance Minister Varoufakis and Draghi but before Varoufakis met with German Finance Minister Schaeuble is particularly intriguing.  The ECB's decision yesterday to no longer accept Greek government bonds or state-guaranteed paper, but approving Emergency Lending Assistance (ELA) by the national central bank remains a key talking point today. The timing of the decision, following the meeting between new Greek Finance Minister Varoufakis and Draghi but before Varoufakis met with German Finance Minister Schaeuble is particularly intriguing.  See Also links url:  http://www.economywatch.com/features/Greece-and-the-ECB-Negotiations-and-Brinksmanship.02-05-15.html Title:  Greece and the ECB: Negotiations and Brinksmanship See Also type:  Reference read more


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