ECB lowers ELA ceiling for Greek banks
- Written by E.Tsiliopoulos
The Governing Council of the European Central Bank approved a request by the Bank of Greece to lower the ELA-ceiling for Greek banks to 51.1 billion euros, up to and including Wednesday, 16 November 2016.
The reduction of 700 million euros 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, the Greek central bank said in an announcement.
Tagged under
Related items
-
Pierrakakis in ECB Supervision Newsletter: Europe needs a banking sector capable of financing a new growth model
-
Greeks most pessimistic in Eurozone on inflation, growth, ECB says
-
Aikaterini Laskaridis Foundation: Awarded by the Academy of Athens for its contribution to culture and education
-
BoG gov Stournaras: ECB likely to cut interest rates again in April
-
Ecumenical Patriarch: The sacredness of human beings must become a priority in the world today
Latest from E.Tsiliopoulos
- The former royals o F Greece at King Harald's funeral - Their relationship with the Norwegian royal family
- Amal Clooney at the Presidential Palace for a meeting with President Tasoulas
- Popular singer Giorgos Mazonakis' sudden death causes grief and raises questions
- Lasithi: Polish man ended up in ICU after his partner said "no" to his marriage proposal
- Athens a new hub for hedge funds: After Chris Rokos, Easy Englander's American Millennium also in Greece
