Tuesday July 14, 2020

Greece gets another ECB lifeline

19th June, 2015
Another lifeline for Greece

The European Central Bank extended a financial lifeline to Greece ahead of a meeting of leaders on Monday that may determine its future in the euro.

The Athens Stock Exchange bounced back on Friday after the ECB raised the maximum amount of emergency funding that Greek banks can access. Minutes later, Greek Prime Minister Alexis Tsipras used a speech in Russia to paint Greece’s travails as a defining issue affecting all of Europe.

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