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Πέμπτη, 23 Ιουνίου 2016 21:39

ECB lowers ELA for Greek banks by 7 bln euros

The European Central Bank on Thursday lowered the cap on emergency liquidity assistance (ELA) that Greek lenders can draw from the Bank of Greece (BoG) by seven billion euros, with the figure now standing at 61.1 billion euros.

The European Central Bank on Thursday lowered the cap on emergency liquidity assistance (ELA) that Greek lenders can draw from the Bank of Greece (BoG) by seven billion euros, with the figure now standing at 61.1 billion euros.

The measure is effective as of June 30, the BoG announced.