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ELA-ceiling for Greek banks

12/01/2017 - Press Releases

On 11 January 2017 the Governing Council of the ECB did not object to an ELA-ceiling for Greek banks of €46.5 billion, up to and including Wednesday, 1 February 2017, following a request by the Bank of Greece.

The reduction of €4.2 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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