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ELA-ceiling for Greek banks

03/12/2015 - Press Releases

On 3 December 2015 the Governing Council of the ECB did not object to an ELA-ceiling for Greek banks of €77.9 billion, up to and including Wednesday, 16 December 2015, following a request by the Bank of Greece.

The reduction of €7.8 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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