ELA cap de­cline.

Kathimerini English - - Focus -

The Euro­pean Cen­tral Bank low­ered the cap on emer­gency liq­uid­ity as­sis­tance (ELA) Greek banks draw from the do­mes­tic cen­tral bank by 4.2 bil­lion eu­ros to 46.5 bil­lion eu­ros, the Bank of Greece said yes­ter­day. The move re­flected im­prov­ing liq­uid­ity con­di­tions and the sta­bi­liza­tion of pri­vate sec­tor de­posit flows, it said. The ELA ceil­ing is valid up to Fe­bru­ary 1.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.