Outstanding amount * € mil. Date

74,912

10 Jun. 2011

* Settled amount as of given date

The outstanding amount at end 2010 was 4.8 billion (quoted here)

So the ECB has been very, very busy buying up distressed bonds at hefty discounts. Is the ECB the main creditor of the Greek government?

_{It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II}