{"id":8804,"date":"2016-06-21T22:15:00","date_gmt":"2016-06-21T19:15:00","guid":{"rendered":"http:\/\/bestinsurance.gr\/a1\/?p=8804"},"modified":"2016-06-21T20:43:20","modified_gmt":"2016-06-21T17:43:20","slug":"ecb-to-consider-giving-greek-banks-access-to-cheap-funding-draghi","status":"publish","type":"post","link":"https:\/\/bestinsurance.gr\/a1\/archives\/8804","title":{"rendered":"ECB to Consider Giving Greek Banks Access to Cheap Funding-Draghi"},"content":{"rendered":"<p>ECB to Consider Giving Greek Banks Access to Cheap Funding-Draghi.The European Central Bank will consider restoring Greek banks&#8217; access to its cheap funding operations, ECB President Mario Draghi told the European Parliament&#8217;s economy committee on Tuesday.<\/p>\n<p>Sources with direct knowledge of the matter told Reuters earlier that a decision could come as soon as Wednesday, at the ECB&#8217;s next Governing Council meeting, allowing banks to come off an expensive emergency lifeline after more than a year.<\/p>\n<p>Greek banks lost their access to the ECB&#8217;s cheap funding mechanism early last year when Athens came to the brink of being ejected from the euro zone. Regaining the funding would be a big step in normalising an economy still weighed down by capital controls and adjustments related to its bailout.<\/p>\n<p>Draghi added, however, that Greece would have to meet further conditions before it could take part in the central bank&#8217;s purchase of 80 billion euros (61.38 billion pound) per month worth of assets, mostly government bonds.<\/p>\n<p>Source : <a href=\"http:\/\/mobile.nytimes.com\/reuters\/2016\/06\/21\/business\/21reuters-ecb-policy-draghi-greece.html?src=busln&#038;_r=0&#038;referer=https:\/\/t.co\/WYBpDvm7HX\">link<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ECB to Consider Giving Greek Banks Access to Cheap Funding-Draghi.The European Central Bank will consider restoring Greek banks&#8217; access to its cheap funding operations, ECB President Mario Draghi told the European Parliament&#8217;s economy committee on Tuesday. Sources with direct knowledge of the matter told Reuters earlier that a decision could come as soon as Wednesday,<\/p>\n","protected":false},"author":1,"featured_media":8803,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-8804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/8804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/comments?post=8804"}],"version-history":[{"count":1,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/8804\/revisions"}],"predecessor-version":[{"id":8805,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/8804\/revisions\/8805"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media\/8803"}],"wp:attachment":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media?parent=8804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/categories?post=8804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/tags?post=8804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}