The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 100 million euros to 4.9 billion euros, the Bank of Greece said yesterday. The move reflected improved liquidity conditions, taking into account private sector deposit flows and banks’ access to wholesale financial markets, it said. The ELA ceiling is valid through to December 13. after it reached its highest level in 15 years last month, above 25 percent. Albayrak made the comments during a speech in the northwestern province of Bursa. He said economic activity in Turkey is showing significant improvement and that the current account would surprise at year-end.