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Is the ECB the main creditor of the Greek government?

That's what I read somewhere last week; to the tune of €50 billion.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Wed Jun 15th, 2011 at 02:27:02 PM EST
[ Parent ]
German banks most exposed to Greek debt, data show - Hurriyet Daily News and Economic Review
Greece's total debt is 340 billion euros, according to data compiled by Bloomberg. The 7.4 billion euros in Greek government bonds held by FMS Wertmanagement, which is winding down assets of Germany's Hypo Real Estate Holdings, weren't included in the BIS figures because FMS isn't a bank. Neither were the holdings of the European Central Bank, or ECB, estimated at 50 billion euros by Citigroup. Greek banks own about 60 billion euros of the country's debt, according to Goldman Sachs.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Wed Jun 15th, 2011 at 02:33:27 PM EST
[ Parent ]

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