Greek central bank issues government with ultimatum
Greece's new coalition government must implement new fiscal policy measures agreed as part of an October 26 eurozone bail-out package immediately, or risk being kicked out of the euro, the Bank of Greece warned in an interim report on monetary policy for 2011 released on November 24.
Eurozone leaders agreed to a new package of fiscal measures in late October, which included an additional €100 billion ($136.8 billion) bail-out for Greece and a ‘voluntary' 50% haircut on Greek sovereign debt. In
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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
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 [email protected]
Copyright Infopro Digital Limited. All rights reserved.
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 [email protected]
More on Financial Stability
