Economics

ECB Weighs Plan to Extend Greek Debt Collateral Status to 2024

  • Governing Council decision could come as early as March
  • Greece targets return to investment-grade status in early 2023

Photographer: Yorgos Karahalis/Bloomberg

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The European Central Bank is working on a plan to keep accepting Greek bonds as collateral in exchange for certain financing until the reinvestment period for its pandemic bond-buying program ends, according to people familiar with the matter.