ELA-ceiling for Greek banks
14/01/2016 - Announcements
On 13 January 2016 the Governing Council of the ECB did not object to an ELA-ceiling for Greek banks of €72.0 billion, up to and including Thursday, 21 January 2016, following a request by the Bank of Greece.
The reduction of €3.8 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.