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FINANCIAL NEWS

CB decreases ELA limit by 1.2bn to 45.3bn

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ECB reduced the ELA ceiling of Greek banks to Eur45.3 bn from Eur46.5 bn previously,  effective until June 8, 2017.

 

According to the announcement, the Eur1.2 bn reduction in the ceiling reflects developments in the liquidity situation of Greek banks, taking into account private sector deposit flows.
 
 

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