• European Central Bank decides not to raise the amount of emergency funding (ELA) on Sunday

Market news

29 June 2015

European Central Bank decides not to raise the amount of emergency funding (ELA) on Sunday

The European Central Bank (ECB) decided not to raise the amount of emergency funding (ELA) on Sunday. The amount the Greek central bank can lend its banks totals around €89 billion.

The ECB Governing Council Member Ewald Nowotny said on Monday that the central bank will decide on Wednesday whether to raise emergency funding or not.

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