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    17.03.2016 15:21 The European Central Bank lowers the amount of emergency funding (ELA) to Greek banks by €100 million

    According to the Bank of Greece on Thursday, the European Central Bank (ECB) lowered the amount of emergency funding (ELA) to Greek banks by €100 million to €71.3 billion.

     

    "The reduction of €0.1 billion in the ceiling reflects an improvement of the liquidity situation of Greek banks, amid a reduction of uncertainty and the stabilization of private sector deposits flows," the Bank of Greece said in its statement.


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