BoG looks at other programme exits and options available to Athens

EconomyProgramme Tags: BoG, ECB, ESM
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Over the last few weeks Greece’s central bank governor, Yannis Stournaras, has been arguing that the Greek government should explore all options for the post-programme era, including a precautionary credit line.

This is in contrast to the strategy that the Greek government is in the process of executing, which is based on the creation of a cash buffer totalling about 18 billion euros that will cover the country’s funding needs for 12 months after this August.

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