Austria finance minister says heard from ECB sources that Greek ELA to be extended
VIENNA (Reuters) - Austria's finance minister has heard from sources in the European Central Bank that emergency liquidity assistance (ELA)for Greek banks is likely to be extended, Hans Joerg Schelling told ORF radio on Thursday, referring to "ECB sources".
He said he was convinced that an agreement on bridge financing for Greece could be reached by late afternoon on Friday.
(Reporting By Shadia Nasralla, Angelika Gruber and Kirsti Knolle; Editing by Robin Pomeroy)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- EUR/USD looks like it is consolidating before breaking to a new low: ING
- Snap shares jump nearly 30% after Q1 beat
- Ahead of Olympics, a packed Paris prison braces for crowds of inmates
Create E-mail Alert Related Categories
Forex, ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!