×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
03
Jun 2026
weather symbol
Athens 24°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Benoit Coeure: Direct ECB financing of Greek govt illegal

The ECB ceiling for T-bill issuance is 15 billion euros, which the country has already reached

Newsroom March 8 11:10

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

European Central Bank (ECB) Executive Board member Benoit Coeure told the influential daily Frankfurter Allgemeine Sonntagszeitung that the ECB rejects the Greek government’s recent request to issue more short-term debt (via T-bills) because this would be tantamount to illegally financing Greece.

>Related articles

Milestone for Greece: The EC removed Greece from the list of countries with macroeconomic imbalances 16 years after the crisis

Politico: EU Commission “alarm bell” for half a million jobs at risk across the EU

The details of the new 72-installment debt settlement for tax and social security arrears: Who can pay from €30 per month

The ECB ceiling for T-bill issuance is 15 billion euros, which the country has already reached.

His comments echo those of ECB President Mario Draghi, who said on Thursday that the ECB would resume normal lending to Greece’s systemic banks only when it sees that Athens is complying with its bailout program.

“The ECB cannot finance the Greek government,” said Coeure. “We’re not allowed to do that. That is illegal.” He added that in the current situation, in which Greece has no access to international lenders, accepting more T-bills as collateral would also be a violation of the ECB’s treaty.

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Pentecost, Mission and Catechesis

June 3, 2026

We are not examining Turkey’s re-entry into the F-35 program, says Rubio

June 3, 2026

Shock report: 13 million Germans prisoners of poverty!

June 3, 2026

GPO: ND at 28.6%, ELAS at 15.1%, PASOK at 12.4% (down 3.5 points), Karystianou at 10.5%

June 3, 2026

Basketball bombshell from Aris B.C.: It announced Vassilis Spanoulis for the next three years

June 3, 2026

Germany fast-track naturalization policy raises concerns over electoral change & population replacement

June 3, 2026

Mystery in New York’s sewers: Groups of people recorded entering and exiting manholes (videos)

June 3, 2026

Angelos Antonopoulos: He fell in love with theater, served cinema, was loved through television

June 3, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα