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Thursday, April 9, 2015

Extra 1.2 bln in ELA for Greek banks seen as just covering outflows

The governing council of the European Central Bank on Thursday stuck to the pattern established in previous weeks as it marginally expanded – by 1.2 billion euros – the cash available to Greek lenders in emergency liquidity assistance (ELA) via the Bank of Greece, as they struggle to cope with the continued deposits outflow.


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