Greek bank access to European Central Bank funding assumes a successful completion of a bailout programme review and a subsequent deal on a follow-up programme with EU/IMF lenders, the ECB said on Thursday. The ECB makes exceptions on the collateral it accepts from Greek banks, allowing them continued access to central bank funding despite the country's low sovereign credit rating. "The continuation of the waiver is based on the technical extension of the European Financial Stability Facility programme until the end of February 2015 and the existence of an International Monetary Fund programme," an ECB ... (full story)