Are U.S. Tax Payers Secretly Propping Up Greek Banks - 100 billion Euros
Secret Central Bank Aid Props Up Greek Banks
There has been no official announcement. No terms or conditions have been disclosed.
But Greece’s banking system is being propped up by an estimated €100 billion or so of emergency liquidity provided by the country’s central bank — approved secretly by the European Central Bank in Frankfurt.
Several large foreign banks benefited heavily from the U.S. government's $3.3 trillion bailout of the financial system, according to documents released Wednesday....
The Fed posted the data on its website to comply with a court order following a lawsuit filed by Bloomberg
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Are U.S. Tax Payers Secretly Propping Up Greek Banks - 100 billion Euros
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