ECB tightens lending to Greek banks

Greek government bonds will no longer be accepted by the central bank as collateral for lending money to the country's commercial banks, the BBC reports. The move puts more pressure on Greece's financial system and makes access to cash more expensive for it's banks. It came as the ECB said a "successful" deal on Greece's €240bn (£179bn) bailout is in doubt. The newly-elected Greek government is trying to negotiate with international creditors over the terms of its bailout, which it thinks are too harsh. Greece's finance ministry said the country's banking sector was "fully prote...