ECB tells Greek banks not to raise exposure to government's debt - source


  • World
  • Wednesday, 25 Mar 2015

ATHENS (Reuters) - The European Central Bank (ECB) has asked Greek banks not to increase their holdings of Greek government debt, including Treasury bills, a banking source familiar with the matter told Reuters on Tuesday.

Greece depends on aid from the European Union, the International Monetary Fund and the ECB. But with this aid frozen, the ECB's move increases the pressure on Athens to reach rapid agreement with its creditors on a reform package to unlock fresh cash.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

N.Ireland's Donaldson appears in court over rape, other sexual offence charges
Trump lawyer Todd Blanche draws judge's ire as historic trial gets underway
US Supreme Court weighs Idaho's strict abortion ban in medical emergencies
Italy fines Amazon over ‘recurring’ purchase option
Australian counter terrorism force arrests seven teenagers after Sydney bishop stabbing
Portugal celebrates democracy anniversary amid far-right surge
TikTok ban looms with Biden poised to start 270-day countdown
Ukrainian drones struck two Rosneft oil depots in attack, Kyiv source says
Computer-generated fake nudes discovered by victims on the Internet, Florida cops say
North Macedonia votes for president in test before parliamentary poll

Others Also Read