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
Ten ancient sites to see in AthensPanos - May 23, 2019
During the last years, the city of Athens has seen a dramatic transformation towards modernity. It has turned into one…
Rouvikonas member charged with felony over attack against Greek ParliamentPanos - May 23, 2019
A 36-year-old man arrested by police after the attack by anarchist group Rouvikonas against the building of the Greek Parliament…
Greek Foreign Ministry calls on Turkey to stop “falsifying” history on Pontic GenocidePanos - May 23, 2019
The Greek Foreign Ministry issued a response to the Turkish Foreign Ministry on the latter’s press release regarding the Pontic…