- European Central Bank decided not to raise the amount of emergency funding (ELA)
Market news
6 August 2015
European Central Bank decided not to raise the amount of emergency funding (ELA)
The European Central Bank (ECB) decided not to raise the amount of emergency funding (ELA) on Wednesday. The amount the Greek central bank can lend its banks totals around €91.0 billion.
Sources familiar with the situation said that Greek banks have built up a liquidity buffer of around €5 billion.
The ECB will review ELA in two weeks.
The Greek government is negotiating with its creditors the third bailout programme.
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