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ELA-ceiling for Greek banks

17/12/2015 - Press Releases

On 16 December 2015 the Governing Council of the ECB did not object to an ELA-ceiling for Greek banks of €75.8 billion, up to and including Wednesday, 13 January 2016, following a request by the Bank of Greece.

The reduction of €2.1 billion in the ceiling reflects an improvement of the liquidity situation of Greek banks, amid a reduction of uncertainty and the stabilization of private sector deposits flows, as well as the progress achieved in the recapitalisation process of Greek banks.



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