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Europe Daily Bulletin No. 10131

4 May 2010
GENERAL NEWS / (eu) eu/ecb
ECB eases COLLATERAL rules for Greece

Brussels, 03/05/2010 (Agence Europe) - The European Central Bank (ECB) has decided to ease the rules it applies to the acceptance of Greek bonds as loan guarantees. In a press release published after Greece announced its financial and economic multi-annual adjustment programme (see previous article), the ECB explained that its Governing Council decided on Monday 3 May “to suspend the application of the minimum credit rating threshold in the collateral eligibility requirements for the...

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