SMP
Economy
ECB Profits from Greek Bond Holdings at €7.8 Billion
The European Central Bank has made nearly €8bn in profits from its holdings of Greek government debt, according to a written response provided by the ECB to a Greek MEP request.
According to the response, holdings of Greek sovereign bonds...
Economy
EFSF Extends Availability of Funds for Greece by Four Months
The availability of European Financial Stability Facility (EFSF) funds for Greece will be extended by four months, following a Friday decision by the facility's board of directors to amend the Master Financial Assistance Facility Agreement (MFFA) for the purpose.
Instead...
Economy
FiniMin Varoufakis: ECB Will Help Greece Avert Default
Greek Finance Minister Yanis Varoufakis said he relies on the European Central Bank (ECB) financial assistance to help the country avert a possible default, when liquidity and bank deposits are projected to be over by next month. In an...