ELA ceiling for Greek banks reduced by 3.34 bln€
According to the Bank of Greece the Governing Council of the ECB this week lowered the ELA-ceiling for Greek banks from 13.55 billion euros, in March 2018, to 10.21 billion euros in April 2018.
Based on the current trend, financing through the emergency mechanism by the four Greek systemic banks will conclude by the end of the year.
You may be interested
Donald Trump cancels Summit with Kim Jong Unmakis - May 24, 2018
President Donald Trump canceled the planned June 12 summit with North Korea’s Kim Jong Un Thursday, citing the “tremendous anger…
Shocking Confession by Turkish-Cypriot: “My art was to kill civilian Greek-Cypriots”!makis - May 24, 2018
An 84-year-old Turkish-Cypriot without remorse but…proudly described in a televised interview that he murdered Greek-Cypriot prisoners in 1974. In his…
EuroGroup President: Reforms in Greece must be implemented next weekmakis - May 24, 2018
Arriving at the Eurogroup meeting in Brussels, the body’s president Mario Centeno said the news of a deal at a…