The governing council of the European Central Bank did not object to an ELA-ceiling for Greek banks of 22.0 billion euros on January 10, 2018, up to and including February 7, 2018, following a request by the Bank of Greece, it said on Wednesday.
The Greek central bank, in an announcement, said that the reduction of 2.8 billion euros in the ELA ceiling reflects an improvement of the liquidity situation of Greek banks, taking into account flows stemming from private sector deposits and from the banks’ access to wholesale financial markets.
- Northern Greece’s indigenous oil variety ‘Makri’ to receive PDO status in coming months
- Hellenic Seaways finalizes decision to scrapThessaloniki-Sporades islands sea route in the summer
- Intracom Telecom enters into strategic partnership with Furakawa Electric LatAm S.A
- Probe ordered into deaths of two women in maternity hospitals
- Michalos: More incentives, reforms necessary for Greek economy’s sustainability