Joint visit to the Bank of Greece by the Chair of the Supervisory Board of the SSM at the ECB and the Chair of the SRB

The measures will not only enhance Greek banks’ liquidity position by 10 billion euros,and their NII,
but also benefit Greek Government Bonds themselves.

“It’ll take a long time to completely remove the burden of non-performing loans (NPLs) from the balance sheets of households…

President Lagarde drew the line at buying debt directly from euro zone governments and has poured cold water on the notion of “helicopter money” drops for households.