ECB: Greeks lost 40% of wealth during crisis
A report released by the European Central Bank (ECB) reveals that Greeks have lost 40% of their wealth.
A report released by the European Central Bank (ECB) reveals that Greeks have lost 40% of their wealth.
The 18th Capital Link Annual Invest in Greece Forum took place in New York City. This year's forum accounted for the attendance of 1300 delegates, which offered informational, marketing and networking opportunities. Eighty five distinguished speakers and executives from the entire spectrum of financial, investment and business communities, such as US institutional investors, investment and commercial banks, analysts, portfolio managers, financial advisors, brokers and companies with activity in Greece, as well as international and Greek media partners participated in the forum.
The European Central Bank on Thursday lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the Bank of Greece by 4.4 billion euros to 52.8 billion euros, following a request by the central lender.