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March 8, 2018News

ECB lowers again ELA borrowing ceiling for Greek banks

The European Central Bank (ECB) lowered the ceiling of Greek bank borrowing through the Emergency Liquidity Assistance (ELA) mechanism by 3.2 billion euros, the Bank of Greece (BoG) announced on Thursday, according to ANA
The BoG proposed the ceiling of 16.6 billion euros up to Wednesday,
Source: Tornos

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