European Central Bank Governing Council Member Ewald Nowotny: the central bank will not provide any short-term financing for Greece

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28 maio 2015

European Central Bank Governing Council Member Ewald Nowotny: the central bank will not provide any short-term financing for Greece

European Central Bank (ECB) Governing Council Member Ewald Nowotny said in an interview to CNBC on Thursday that the central bank will not provide any short-term financing for Greece.

"We do not have flexibility to do, let's say, some financing outside our rules," he noted.

The ECB denied on Wednesday that it has increased the ceiling for Emergency Liquidity Assistance (ELA) to Greek banks.

European Central Bank’s Financial Stability Review: if debt talks between Greece and its creditors last for a long time, it could raise the yields on debt of other countries from the Eurozone

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