ELA ceiling for Greek banks reduced by 3.34 bln€

11 May 2018
174 Views

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

Beauty and myth in Corinthia’s Trikala, where the Greek Gods and mountains beckon
GREECE
shares244 views
GREECE
shares244 views

Beauty and myth in Corinthia’s Trikala, where the Greek Gods and mountains beckon

Panos - Aug 21, 2018

Spas, resorts, and a ski centre offer year-round appeal on a mythical mountain where Hermes was born and Zeus enjoyed…

“Wish Tree” on Greek island becomes Tourist attraction
GREECE
shares10 views
GREECE
shares10 views

“Wish Tree” on Greek island becomes Tourist attraction

Panos - Aug 21, 2018

The “wish tree” on the picturesque Antipaxos island in the Ionian Sea has become a tourist attraction, as every year…

Prague Spring: 50 years to the day
WORLD
shares17 views
WORLD
shares17 views

Prague Spring: 50 years to the day

Panos - Aug 21, 2018

What is the back story? Czechoslovakia – modern day Czech Republic and Slovakia – was firmly under the influence of…

Leave a Comment

Your email address will not be published.