ECB offers helping hand to Greek banks

The European Central Bank on Wednesday offered cash-strapped Greek banks a helping hand, following recent advances Athens has made in implementing the economic reforms demanded by its creditors. The ECB's governing council announced that Greek banks will once again be allowed to participate in its regular refinancing operations, from which they had been barred for more than a year while Athens grappled with its creditors over the terms of its bailout. In a statement issued after a meeting in Fra