• ECB’s Governing Council lifts current waiver of minimum credit rating requirements for marketable instruments issued or guaranteed by the Hellenic Republic • Suspension is in line with existing Eurosystem rules, since it is currently not possible to assume a successful conclusion of the programme review • Suspension has no impact on counterparty status of Greek financial institutions • Liquidity needs of affected Eurosystem counterparties can be satisfied by the relevant national central bank, in line with Eurosystem rules The Governing Council of the European Central Bank (ECB) today decided to lift the waiver ... (full story)