• European Central Bank raised the amount the Greek central bank can lend its banks to €87.4 billion

Market news

19 June 2015

European Central Bank raised the amount the Greek central bank can lend its banks to €87.4 billion

The European Central Bank (ECB) on Friday raised the amount the Greek central bank can lend its banks (the emergency liquidity assistance (ELA) by €3.3 billion.

Two days earlier, the ECB had raised the ELA by €1.1 billion to €84.1 billion.

According to Reuters, the ECB said on Friday that Greek banks may not open on Monday.

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