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ELA-ceiling for Greek banks

21/07/2016 - Press Releases

On 21 July 2016 the Governing Council of the ECB did not object to an ELA-ceiling for Greek banks of €57.2 billion, up to and including Thursday, 8 September 2016, following a request by the Bank of Greece.

The reduction of €1.4 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.

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