The ECB will provide the Central Bank of Greece up to $ 68 billion – BBC

The ECB will provide the Central Bank of Greece up to $ 68 billion – BBC

The European Central Bank (ECB) is ready to provide the Central Bank of Greece to the $ 68 billion emergency funding in the framework of emergency. It is reported by Bloomberg , citing sources familiar with the situation.

Thus, the Central Bank of Greece will be able to provide liquidity loans.

The decision followed a failure ECB to accept Greek bonds in exchange for funding.

Representatives of the European Central Bank does not comment on the proposal.

Earlier it was reported that Greek banks need to can to request additional € 10 billion emergency funding over an existing ceiling of borrowing.