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The ECB’s decision to toughen its stance on Greece signals the end of the Greek government’s honeymoon period

Monastiriotis, Vassilis (2015) The ECB’s decision to toughen its stance on Greece signals the end of the Greek government’s honeymoon period. LSE European Politics and Policy (EUROPP) Blog (07 Feb 2015). Website.

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Abstract

The European Central Bank (ECB) has announced that it will no longer accept Greek government bonds as collateral for lending money to commercial banks. Vassilis Monastiriotis writes on how the decision should be interpreted in light of the current discussions surrounding Greek debt. He notes that while the immediate effect on the Greek economy is not particularly serious, the decision nevertheless signals the end of the honeymoon period for the Greek government and gives an indication of the tough negotiations which are set to follow.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2015 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
Date Deposited: 29 Mar 2017 14:56
Last Modified: 15 Sep 2023 19:55
URI: http://eprints.lse.ac.uk/id/eprint/71514

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