Sunday, 19 June 2011

Greek Hunt for Debt ‘Holy Grail’ Pits ECB Against Naked Banks: Euro Credit

http://www.bloomberg.com/news/2011-06-16/greek-hunt-for-debt-holy-grail-pits-ecb-against-naked-banks-euro-credit.html

The ECB’s total exposure to Greece may be between 130 billion euros ($184 billion) and 140 billion euros, Dutch Finance Minister Jan Kees de Jager said this week. The ECB provided 90 billion euros of liquidity to Greek banks, he said.

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