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Wednesday, July 22, 2015

ECB Raises ELA Cap for Greek Banks by €900 Mln

According to reports, the European Central Bank (ECB) Governing Council decided on Wednesday to raise Emergency Liquidity Assistance (ELA) to Greek banks by another 900 million euros. The ECB had raised the ELA cap by the same amount a week ago. If the reports are accurate, the ELA cap for Greek banks will now be around 90.4 billion euros.


READ THE ORIGINAL POST AT greece.greekreporter.com