- The European Central Bank lowers the amount of emergency funding (ELA) to Greek banks by €0.1 billion
Market news
18 February 2016
The European Central Bank lowers the amount of emergency funding (ELA) to Greek banks by €0.1 billion
According to the Bank of Greece on Thursday, the European Central Bank (ECB) lowered the amount of emergency funding (ELA) to Greek banks by €0.1 billion to €71.4 billion.
"The reduction of €0.1 billion in the ceiling reflects an improvement of the liquidity situation of Greek banks, amid a reduction of uncertainty and the stabilization of private sector deposits flows," the Bank of Greece said in its statement.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page