So says Reuters according to Greek central bank source
- ECB has reduced haircut on collateral of Greek banks to boost access to liquidity
Let’s see if it has any impact if so
Update:
Reuters source quoted as saying
The move was decided late on Wednesday evening after talks between the govt , ECB, and Greece’s central bank governor
- the new smaller valuation discount means that an extra EUR 12 bln of liqudity could be tapped by Greek banks in theory