Greek Leash Barely Loosened

Investor's Business Daily
February 2015
Investors Business Daily;2/19/2015, pA01
3 The ECB raised Greek banks' emergency liquidity by 3.3 bil euros to 68.3 bil, short of the 10 bil sought. It raised urgent cash just last week from 60 bil euros. One source put withdrawals from Greek banks at 2 bil euros last week alone. The Greek PM said he'd ask eurozone ministers Thu. to extend by 6 months its 240-bil-euro bailout, without austerity terms. Parliament elected conservative Prokopis Pavlopoulos as president, pleasing eurozone finance ministers.


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