ECONOMY - FINANCE - BUSINESS / (ae) greece

First positive consequences of the Greek bailout

Brussels, 19/12/2012 (Agence Europe) - On 19 December, the European Central Bank announced that it is now accepting Greek bonds again for financing operations. The decision removes a restriction introduced in July and takes effect on 21 December. The bank says this has become possible as a result of a positive assessment by the experts of the troika (the European Commission, the European Central Bank and the IMF) on implementation of the Greek structural adjustment programme (spending cuts,...