ECB Gives Greece Extra $1.1 Billion in Breathing Space
Greece's Debt Problem Explained in Five Charts
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The European Central Bank made more than 1 billion euros ($1.1 billion) of extra funding available to Greek lenders as euro-area finance officials told the Athens government it’s time to prove it can be trusted.
The Governing Council handed Greece the biggest increase in emergency funding in a month, raising the limit to just over 71 billion euros in its weekly telephone conference on Wednesday, according to two people familiar with the decision who asked not to be named because the call was private. An ECB spokesman declined to comment.