Thursday, 9 July 2015

Greek goverenment apparently failed towards BoG too

According to the letter send to the ESM by Mr Tsakalotos
Greece is committed to honor its financial obligations to all of its creditors in a full and timely manner. We trust Member States appreciate the urgency of our Loan request at this time given the fragility of our banking system, our shortage of available liquidity, our upcoming obligations, our buildup of internal arrears, and our expressed desire to clear our outstanding arrears with the IMF and the Bank of Greece.

These may be the Repos that were done the past couple of months. Size unknown.