ECB emergency funds to Greece directly tied to health of its banks - Dombret


  • World
  • Wednesday, 22 Apr 2015

Greek Finance Minister Yanis Varoufakis delivers a speech during a banking conference in Athens April 21, 2015. REUTERS/Alkis Konstantinidis

TORONTO (Reuters) - The provision of European Central Bank emergency liquidity to Greece is "directly correlated" to the health of its banks and will continue as long as the preconditions are met, a top policymaker from Germany's Bundesbank said on Tuesday.

Bundesbank board member Andreas Dombret declined to say how the ECB should respond if Greece defaulted.

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