ECB breaks equal-treatment pledge and accepts Greek junk bonds
The European Central Bank (ECB) on Monday suspended the minimum credit rating required for Greek government debt used as collateral, after it made clear in January it would not offer special treatment to any eurozone members.
The ECB said it would suspend "indefinitely" the application of the minimum credit rating threshold in the collateral eligibility requirements on marketable debt instruments issued or guaranteed by the Greek government.
The decision comes after Greece reached an agreement
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