Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $25,222
31%  
Woo hoo!! And we're now over 31%!! Thank you all very much!! God bless.

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  • Report: ECB Halts Operations With Several Greek Banks

    05/16/2012 8:55:31 AM PDT · by tcrlaf · 5 replies
    FoxBusiness ^ | 5-16-12 | FoxBiz
    The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfully recapitalised, euro zone central bank sources said on Wednesday. The ECB declined to comment. The ECB only conducts its refinancing operations with solvent banks. With no access to ECB funds, the banks concerned must go to the Bank of Greece for emergency liquidity assistance (ELA).