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Thursday, September 22, 2016

ECB Lowers Emergency Funding Caps for Greece to 51.9 Billion Euros

The European Central Bank lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from Bank of Greece by 0.9 billion euros to 51.9 billion euros. According to a report by Greece’s central bank released on Thursday, the lowering of the ELA cap is a result of improved liquidity conditions in Greek banks and the […]


READ THE ORIGINAL POST AT greece.greekreporter.com