Greece may tap the markets in summer
- Written by E.Tsiliopoulos
Greece can participate in the European Central Bank's (ECB) quantitative easing programme even this summer, according to banking officials and financial analysts.
As they said, Greece meets all its commitments with the voting of the omnibus bill in the parliament and it is now the creditors' turn to implement their own commitments.
It is estimated that after Greece's participation in the ECB's quantitative easing program, the central bank will buy bonds of around three billion euros, boosting the liquidity of banks in order to finance the real economy, households and businesses.
The most important of all is, however, that it will give a signal of stability to the markets and allow Greece to tap the markets for the first time since 2014.
Related items
- Giannis Antetokounmpo and Mariah to tie the knot in Greece wedding
- Police arrest Greek national sought by Italy for financial crimes
- Greek President Sakellaropoulou meets with diaspora in Santiago, Chile
- Greek bases to hosts largest NATO air exercise this Fall.
- Far right deputy punches another far right MP, lands in jail, faces prosecutor
Latest from E.Tsiliopoulos
- Giannis Antetokounmpo and Mariah to tie the knot in Greece wedding
- Police arrest Greek national sought by Italy for financial crimes
- Greek President Sakellaropoulou meets with diaspora in Santiago, Chile
- Greek bases to hosts largest NATO air exercise this Fall.
- Far right deputy punches another far right MP, lands in jail, faces prosecutor