collateral Archives - Keep Talking Greece

ECB will accept Greek government bonds as collateral

April 8, 2020 CORONAVIRUS Comments Off on ECB will accept Greek government bonds as collateral

The European Central Bank (ECB) announced on Tuesday that it will accept Greek government bonds as collateral as the coronavirus pandemic hit the eurozone. The ECB will accept government-guaranteed loans as collateral even with lower credit quality, and it will allow banks to pledge more unsecured debt as collateral. “A …

Germany says Greece to use Gold, real estate as collateral if IMF out of program

May 9, 2017 Economy 4

The Bavarian Minister of Finance, Markus Soeder (CSU), a fierce Grexit supporter of Merkel’s CDU sister party apparently has moved away from his demand for a Greek euro exit. During a visit to Athens, Soeder said that the problems around Britain’s exit from the EU showed how difficult a Grexit …

ECB reinstates waiver affecting eligibility of Greek bonds as collateral

June 23, 2016 Economy Comments Off on ECB reinstates waiver affecting eligibility of Greek bonds as collateral

Greece can borrow cheap again from the European Central Bank. The ECB reinstates waiver of minimum credit rating requirements affecting the eligibility of Greek bonds used as collateral in Eurosystem monetary policy operations. – Good! ECB Press release 22 June 2016 ECB’s Governing Council reinstates waiver of minimum credit rating …

ECB – Greek Bonds collateral: “Blackmail” is the answer

January 14, 2016 Economy Comments Off on ECB – Greek Bonds collateral: “Blackmail” is the answer

Blackmail is the only “strategy” they know. And they apply it again towards Greece. The European Central Bank allegedly is preparing to accept again “Greek bonds as collateral for liquidity” provided that the “Pension Reform passes through the parliament.” “ECB prepares to again accept Greek bonds as collateral for cash …

Greek FinMin statement on ECB decision (in English)

February 5, 2015 Economy Comments Off on Greek FinMin statement on ECB decision (in English)

In a statement issue early hours of Thursday, the Greek Finance Ministry stressed that the Greek banking system is “adequately capitalized and fully protected through access to the Emergency Liquidity Assistance” and that the ECB puts pressure on the Eurogroup to proceed rapidly to a new agreement between Greece and …

ECB to stop accepting Greek bonds as collateral for granting liquidity

February 4, 2015 Economy 16

This is pure and blatant blackmail and came without a warning! The European Central Bank decided to stop accepting Greek bonds as collateral for granting liquidity as of February 11th 2016. Greek banks can still receive emergency funding from Greek Central Bank via Emergency Liquidity Assistance, a statement said. ECB …

ECB Stopped Accepting Greek Bonds & Other Collateral

July 21, 2012 Economy 3

The European Central Bank turned up the heat on Greece on Friday ahead of a review of its bailout programme, saying it would stop accepting Greek bonds and other collateral used by Greek banks to tap ECB funding, at least until after the review. The ECB move, which analysts …

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