ECB: 900 mln euros liquidity to Greek banks
- Written by E.Tsiliopoulos
The European Central Bank on Wednesday approved an additional 900 million euros in extra liquidity to Greek banks through the Emergency Liquidity Assistance mechanism (ELA), raising the ceiling of the mechanism to around 91 billion euros.
The ECB had approved 900 million euros to Greek banks last week after Greece reached an agreement with its creditors over a new bailout programme and the Greek Parliament approved the first law with a package of prior actions agreed.
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