Monday, July 6, 2015

ECB holds emergency support Greek banks alike – Telegraaf.nl

FRANKFURT –

The European Central Bank (ECB) has decided the emergency aid that may be granted up to Greek banks, not increase. That the ECB was announced Monday. The Greek central bank had asked for an increase in the ceiling of the emergency loans

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The ECB moreover, the collateral that Greek banks Contrasting emergency loans from the central bank’s own, more stringent review. This makes it more difficult for the banks to make use of the safety net provided them with permission from the ECB.

The crisis is the collateral that banks provide the ECB has become simply worth less. How many more banks to property should bring to arrive for emergency aid, is not disclosed.



Effects

The precise consequences for the Greek financial sector did not yet clear . The banks are closed for over a week, and account holders may not exceed 60 euros per day pins. These measures have certainly remain in force until Wednesday.

Despite currents greenhouses at banks quickly. If they at some point again open without any longer be able to rely on the ECB’s support, they expected each one quickly bankrupt

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