- European Central Bank raised the amount the Greek central bank can lend its banks by “a bit less than one billion euros"
Market news
23 June 2015
European Central Bank raised the amount the Greek central bank can lend its banks by “a bit less than one billion euros"
The European Central Bank (ECB) Tuesday raised the amount the Greek central bank can lend its banks (the emergency liquidity assistance (ELA)) by "a bit less than one billion euros" to around €89 billion, according to Reuters. It was the fourth increase in less than a week.
The ECB had raised the ELA by €1.9 billion, according to Bloomberg.
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