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Friday, November 6, 2015

European Central Bank Decreases ELA Ceiling for Greece

The European Central Bank (ECB) has decided to further lower the ceiling for Emergency Liquidity Assistance to Greece, the Bank of Greece (BoG) revealed. The new ceiling now stands at 86 billion euros. “The reduction of 0.9 billion euros in the ceiling reflects an improvement of the liquidity situation of Greek banks, amid a reduction


READ THE ORIGINAL POST AT greece.greekreporter.com