Published February 4, 2015 3:47pm EST | Updated May 21, 2015 1:28pm EDT

ECB Says It's Lifting Waiver On Using Greek Debt As Collateral

The European Central Bank on Wednesday said it is lifting the waiver on using Greek government debt as collateral. "The Governing Council decision is based on the fact that it is currently not possible to assume a successful conclusion of the programme review and is in line with existing Eurosystem rules," the ECB said in a statement. U.S. stocks fell from the day's highs after the news.