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Thursday, June 25, 2015

ECB holds emergency funding for Greek banks steady

FRANKFURT (Reuters) - European Central Bank policy-setters kept the limit on Emergency Liquidity Assistance (ELA) to Greek banks unchanged at a telephone conference of its Governing Council on Thursday, a person with direct knowledge of the matter said. The decision, which is the second day in a row that the decision-making body of euro zone central bank chiefs and the ECB's executive held the limit steady, means that such funding now stands at around 89 billion euros ($99 billion), the source said. ($1 = 0.8961 euros) (Reporting By John O'Donnell; Editing by Toby Chopra)


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