ECB fund­ing.

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asked not to be iden­ti­fied be­cause the talks were pri­vate. Na­tional Bank, which also at­tended the meet­ing in Athens, may also con­sider a bond swap, de­pend­ing on the price in its sale of Turk­ish unit Fi­nans­bank, the peo­ple said. Bonds of the lenders and Pi­raeus Bank, which has an­nounced the terms for an ex­change, jumped as in­vestors saw a chance of swap­ping notes that were quoted as low as 43 cents on the euro this week for shares in re­cap­i­tal­ized banks. ros, 4.6 bil­lion eu­ros be­low a tar­get of 36.8 bil­lion eu­ros. Pub­lic spend­ing stood at 36.2 bil­lion eu­ros, 4.38 bil­lion eu­ros less than tar­geted as the cash-strapped coun­try cut back on ex­pen­di­ture to meet its obli­ga­tions.

Emer­gency Euro­pean Cen­tral Bank fund­ing to Greek lenders fell by 1.6 bil­lion eu­ros in Septem­ber, Bank of Greece data showed on Thurs­day, as cap­i­tal con­trols helped slow de­posit out­flows. Emer­gency fund­ing, which is more costly than bor­row­ing from the ECB, fell to 82.4 bil­lion eu­ros at the end of last month from 83.95 bil­lion eu­ros in Au­gust, the data showed. Greek banks have re­lied on the emer­gency liq­uid­ity as­sis­tance (ELA), which they re­ceive from the Greek cen­tral bank, since Fe­bru­ary af­ter be­ing cut off from the ECB’s fund­ing win­dow due to stalled bailout talks be­tween the Greek gov­ern­ment and its lenders.

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