Friday, June 19, 2015

ECB to Offer More Emergency Funding to Greek Banks

Greek banks were offered more emergency funding on Friday, amid fears that massive fund outflows may prevent its lenders from opening next week.

It comes as investors keep a close eye on Greece, after talks with euro zone finance ministers failed to reach a deal. An emergency meeting has now been slated for Monday, as officials scramble to keep the country from defaulting on its debt – and possibly even leaving the euro zone.

via CNBC

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