Press Releases

ELA-ceiling for Greek banks

07/07/2016 - Press Releases

On 6 July 2016 the Governing Council of the ECB did not object to an ELA-ceiling for Greek banks of €58.6 billion, up to and including Thursday, 21 July 2016, following a request by the Bank of Greece.

The reduction of €2.5 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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