Draghi Said to Surprise ECB Governors With Bid to Ease Greek Aid
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Mario Draghi surprised his European Central Bank colleagues on Thursday by pushing for an increase in emergency aid to Greek lenders, people familiar with the matter said.
The ECB’s Executive Board had signaled to Governing Council members the previous day that the cap on Emergency Liquidity Assistance of 88.6 billion euros ($96.5 billion) should stay in place, despite a request by the Greek central bank for an extra 1.5 billion euros, the people said, asking not be named as the discussions were private.