ECONOMY - FINANCE - BUSINESS / (ae) greece

ECB prepared to finance Greek economy if Athens sticks to its commitments

Brussels, 05/03/2015 (Agence Europe) - The ECB is “the first to want to resume the financing of the Greek economy, as long as the conditions are met”, its President, Mario Draghi, said after the meeting of the governing Council of the institution, in Nicosia on Wednesday 5 March.

In order to do so, the monitoring mission of the 'institutions' (Commission, ECB and IMF) must be concluded. At the moment, Draghi said, the ECB cannot buy Greek bonds, but the Frankfurt-based institution is...