Timos Melissaris

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Last quote by Timos Melissaris

The (bailout) programme is ending which means that the ECB, if we haven't a deal, they will stop the ELA (Emergency Liquidity Assistance) mechanism, basically the funding to the Greek banks. So that's why the 30th of June is the deadline. Until then, it's all political blame.feedback
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Jun 15 2015 Greece
Timos Melissaris has most recently been quoted in an article called Stock fall globally as Greek talks show no sign of success. Timos Melissaris said, “The (bailout) programme is ending which means that the ECB, if we haven't a deal, they will stop the ELA (Emergency Liquidity Assistance) mechanism, basically the funding to the Greek banks. So that's why the 30th of June is the deadline. Until then, it's all political blame.”.
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