Greece seeks support from ECB, vows to respect EU rules
New leftist government negotiating with eurozone partners to reduce its debt burden
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Frankfurt
GREECE'S new leftist government appealed to the European Central Bank (ECB) on Wednesday to keep its banks afloat and vowed to respect European Union rules as it seeks a negotiated solution with eurozone partners to reduce its debt burden.
The new Greek government also held its first bond auction since taking office on Wednesday, raising 812.5 million euros (S$1.3 billion) in six-month treasury bills as demand fell to an eight-year low.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore