Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move

Economy Tags: Coronavirus, ECB, Eurogroup
Photo by MacroPolis
Photo by MacroPolis

Tuesday’s Eurogroup teleconference ended in disagreement and is set to be repeated on Thursday, although Greece did secure a boost from the European Central Bank, which decided to allow Greek sovereign bonds to be used as collateral by local banks.

Eurogroup president Mario Centeno announced on Wednesday morning that after 16 hours of negotiations, no agreement could be reached and that finance ministers will reconvene for another remote discussion on Thursday. In a statement, Greek Finance Minist...

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