We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Thanks Jean-Claude

8 Apr 2010 By Neil Unmack

Europe s central bank has excluded government debt from a tightening of its collateral requirements for special liquidity. A downgrade of Greece won t make it harder for Greek banks to raise funds against Greek debt. The new policy is inconsistent but sensibly pragmatic.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)