The governing council of the European Central Bank (ECB) announced on Wednesday it is reinstating a waiver affecting the eligibility of Greek bonds used as collateral in the bank’s funding operations, in a move that was widely anticipated.
Efforts to put out a huge blaze which broke out on Sunday and destroyed large areas of a Cypriot forest in the mountainous Solea region of Nicosia District and has so far claimed the lives of two firefighters were renewed on Wednesday morning.
The European Commission denied today reports saying that it has frozen EU funds to Greece for the program period 2014 - 2020, due to an alleged cartel investigation.