The Bank of Greece is committed to do everything to ensure financial stability. ECB keeps emergency aid for Greek banks.
Central Bank Governor Yiannis Stournaras, pledged today to do everything "to ensure financial stability" of the country and to avoid chaos in the Greek economy, said in a statement the European Central Bank (ECB) released at the end of session the Management Board of the Frankfurt institution, cited by BTA.
"The Bank of Greece, as a member of the Eurosystem, will take the necessary measures to ensure financial stability of the Greek citizens in these difficult circumstances," said Stournaras, said in a statement to the ECB.
The ECB also announced today that it will maintain its current level of emergency loans to Greek banks, in practice leaving the door open for a political solution in order to avoid chaos in the Greek economy and Greece's exit from the eurozone.
"The Governing Council took note of the current circumstances and decided to maintain the ceiling of the provided liquidity of Greek banks at the level fixed on Friday," it added in a statement to the ECB.
Governing Council "closely monitoring the situation and potential measures to take in its monetary policy," states the communiqué.