Greek debt guarantees were vital for monetary policy: Estonia’s Lipstok

- Central Banking Newsdesk
- 27 Jul 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Last week's decision by eurozone heads of state to provide the European Central Bank (ECB) with guarantees for Greek debt will enable the central bank to effectively conduct monetary policy operations, Andres Lipstok, the chairman of the Bank of Estonia, said on Wednesday.

As part of a €109 billion ($156 billion) bailout package for Greece, eurozone leaders on Thursday agreed to provide the ECB with €35 billion worth of guarantees against large holdings of Greek debt held on its books. The Greek

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com