Bank of Greece: ECB did not object to an ELA-ceiling for Greek banks of €68.1 billion 

Bank of Greece

On 2 June 2016 the Governing Council of the ECB did not object to an ELA-ceiling for Greek banks of €68.1 billion, up to and including Wednesday, 22 June 2016, following a request by the Bank of Greece.

The reduction of €1.0 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.

Source: Bank of Greece

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