fbpx
Tags Liquidity

Tag: liquidity

ECB extends financial aid to Greece under stringent conditions

Greece received green light from the European Central Bank for the extension of emergency assistance for liquidity, but at a higher price. ECB decided to continue the program in the same framework, but cut collateral guarantees, which are used for bank liquidity. According to analysts, this means that the limit of funds that banks may withdraw from emergency liquidity fund...