ECB's Praet Discusses Economic Developments in the Euro Area (FXE) (UUP)
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ECB Pressures Greece on Bailout Extension as Finance Ministers Fail to Reach Agreement (FXE)
February 12, 2015 11:34 AM ESTWhile Greece and the European Union were said to be in an agreement in principle with respect to the country's bailout program, the European Central Bank (ECB) is also adding a bit of pressure for Greece to extend its bailout or risk losing funding for its banks.
According to Reuters, the ECB's Governing Council held a short-notice teleconference to discuss how long it would be able to keep Greek banks afloat after finance leaders in the EU... More
