ELA ceil­ing.

Kathimerini English - - Focus -

The Euro­pean Cen­tral Bank has low­ered the cap on emer­gency liq­uid­ity as­sis­tance (ELA) Greek banks draw from the do­mes­tic cen­tral bank by 1.6 bil­lion eu­ros to 38.9 bil­lion eu­ros, the Bank of Greece said yes­ter­day. The move re­flected im­proved liq­uid­ity con­di­tions, tak­ing into ac­count pri­vate sec­tor de­posit flows, it said. The ELA ceil­ing is valid up to Septem­ber 7.

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