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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Monday, July 13, 2015

ECB seen holding emergency funding for Greek lenders stable

FRANKFURT (Reuters) - The European Central Bank is seen holding Emergency Liquidity Assistance (ELA) steady to Greek banks when its Governing Council of policy-setters talk by phone on Monday, people with direct knowledge of the matter said. Two people said that they did not anticipate an increase yet, with the Greek government now tasked with passing legislation to reform in the coming days in return for aid. "I'm sure that (Bank of Greece Governor) Yannis Stournaras will ask. But I am also sure that the governors will not increase ELA," said one of those people. ...


READ THE ORIGINAL POST AT uk.news.yahoo.com