The European Central Bank has decided to increase its emergency funding to Greek commercial banks, it has been reported.
"The increase has been approved," a bank source, who declined to be identified, told the AFP agency.
The source added the ceiling for emergency liquidity assistance - or ELA - to the banks had been raised from €65bn to €68.3bn.
According to the source, the Greek central bank had requested an extension of roughly € 10bn, although other sources put the figure at half that.
The move comes a day before Athens is expected to request a six-month extension on a European loan agreement without any strings attached.
On Monday, it rejected a plan to extend its current €2 40bn (£178bn) bailout deal, describing it as absurd.
The deal which came with more than 400 austerity measures - including shrinking pensions and lowering the minimum wage - expires in 10 days.
There are fears if a new deal is not agreed in principle this week, Greece could have difficulty servicing its debts.
That could lead to more capital being pulled out of Greek banks and a so-called messy default, which could see a return to the drachma.
Greece's finance minister Yanis Varoufakis said its request for a loan extension will be worded in such a way as to be acceptable to all parties.
He said it "will be written in a way that covers both the Greek side and the president of the Eurogroup," referring to Dutch finance minister Jeroen Dijsselbloem.
Mr Varoufakis said he was hopeful of a positive outcome by the end of the week.
Earlier, the Greek parliament elected veteran politician Prokopis Pavlopoulos as the country's new president.
The 64-year-old's election ends an impasse over the choice of president that triggered early general elections last month.
The latest developments come after a government source accused Germany of "arrogance" in its approach to the debt negotiations.
It followed German finance minister Wolfgang Schaeuble dismissing talk of a loan extension as unacceptable.
He told broadcaster ZDF: "It's not about extending a credit programme but about whether this bailout programme will be fulfilled, yes or no."
Anda sedang membaca artikel tentang
ECB Extends Funding For Greek Banks - Reports
Dengan url
http://kaumkusaman.blogspot.com/2015/02/ecb-extends-funding-for-greek-banks.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
ECB Extends Funding For Greek Banks - Reports
namun jangan lupa untuk meletakkan link
ECB Extends Funding For Greek Banks - Reports
sebagai sumbernya
0 komentar:
Posting Komentar