(FILES) A photo taken on February 24, 2015 shows Mario Draghi, President of the European Central Bank ECB during the presentation of the new 20 Euro note in Frankfurt am Main, western Germany. AFP PHOTO / DANIEL ROLAND
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
European Central Bank Vice President Vitor Constancio signalled Friday that the ECB could loosen funding to Greek banks if Greeks vote 'Yes' in a referendum Sunday on whether or not to accept more austerity in return for aid.ECB policy council member Josef Bonnici Thursday also said the ECB would take account of the referendum's outcome in deciding on any future liquidity provisions, which Greek banks need to stay afloat because of the torrent of withdrawals of the last few weeks.Asked if the ECB would grant the assistance to Greek banks in the event of a 'No' vote, Constancio said: "I cannot in advance answer that question".
FOLLOW THIS ARTICLE