Greece to lose access to cheapest ECB cash
09 Aug Greece to lose access to cheapest ECB cash
Posted at 12:25h
in
News
by KMFSLLP
The European Central Bank will
revoke from Aug. 21 an exemption granted to Greece from its
minimum credit rating requirement, it said on Friday, shutting
banks’ access to cheap central bank cash because Greek
government bonds are rated junk.
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