• European Central Bank raised the amount the Greek central bank can lend its banks to €74 billion

Market news

15 April 2015

European Central Bank raised the amount the Greek central bank can lend its banks to €74 billion

The European Central Bank (ECB) on Tuesday raised the amount the Greek central bank can lend its banks to €74 billion from €73.2 billion the previous week, according to a Greek bank official. The ECB declined to comment.

Earlier on Tuesday, a report said that Greece was preparing for a debt default if the government did not reach a deal with its creditors by the end of the month. Greece denied the report.

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