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.