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Thursday, July 16, 2015

ECB Draghi heralds “We increase ELA today” as Greeks wonder when banks will open again

“The European Central Bank will increase Emergency Liquidity Assistance for Greek banks today,” chief Mario Draghi said during a press conference on Thursday. The much expected decision comes after the ECB froze ELA on June 26th 2015 enforcing the Greek government and the Bank of Greece to impose  bank holiday […]


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