The European Central Bank (ECB) has no plans to pull the plug on emergency funding for Greece's stricken banking, bank boss Mario Draghi has said.
"The major Greek banks are solvent and the collateral they provide is adequate” Draghi told MEPs on Monday (15 June) during his quarterly hearing with the European Parliament's economics committee.\n \nHowever, he maintained that the ECB would not resume buying Greek government bonds until an economic programme had been thrashed out with its ...
Back our independent journalism by becoming a supporting member
Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.