Greece’s Liquidity Crunch: Now What!

The lack of liquidity by Greek banks could have negative rippled effects if the Hellenic country could not seal an accord with its creditors. On Wednesday, the ECB raised the ceiling of its emergency liquidity program for Greek banks to 84.1 billion euros from 83 billion euros.

Ahmed Mamdouh

Ahmed Mamdouh, Co-Founder and Head of English Fundamental Analysis at FXComment.com, with 7 years of experience in the financial markets. Mamdouh holds a Master’s Degree in Economics from The American University in Cairo and a Bachelor Degree in Economics from The Faculty of Economics and Political Science, Cairo University.

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