ECB low­ers fund­ing cap to lo­cal lenders

Kathimerini English - - Focus -

The Euro­pean Cen­tral Bank low­ered the cap on emer­gency liq­uid­ity as­sis­tance (ELA) Greek banks draw from the do­mes­tic cen­tral bank by 1.4 bil­lion eu­ros to 57.2 bil­lion eu­ros, the Bank of Greece said yes­ter­day. The move re­flected an im­prove­ment in the liq­uid­ity con­di­tions in Greek banks

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