Exclusive: Bundesbank chief warns peers over funding for Greek banks - source

The head of the Bundesbank expressed serious concern about providing continued emergency funding to Greek banks in talks with his peers this week, a person familiar with the discussion said, as opposition grows to granting Athens a lifeline. Jens Weidmann has warned against the use of such emergency credit to prop up Greece's banks ever since those lenders started to rely on it in February, but his latest protest is significant because of its timing. "He has made his concerns clear from the start," said the person, adding that Weidmann raised the issue this week in a telephone call among euro zone central bank chiefs and the European Central Bank's executive.

Exclusive: Bundesbank chief warns peers over funding for Greek banks - source source: http://finance.yahoo.com/news/exclusive-bundesbank-chief-tells-peers-084746645.html