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

April 21, 2015 5:42 PM

54 0

TORONTO, April 21 (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.

Also read: In ‘Apprentice’ defamation case, Trump will argue he is immune from lawsuits in state courts until he leaves office

Read more

To category page

Loading...