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Wednesday, June 10, 2015

Greek banks get fresh cash lifeline

The European Central Bank on Wednesday enhanced the lifeline of Greek lenders by extending the limit of the emergency liquidity assistance (ELA) available to them by 2.3 billion euros, in the biggest weekly increase since February 18. This is meant to cover the major outflow of deposits in recent days.


READ THE ORIGINAL POST AT www.ekathimerini.com