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ELA Borrowing Ceiling for Greek Banks Unchanged

The borrowing ceiling from the ELA mechanism for Greek banks remained unchanged, the Bank of Greece said on Thursday.
The Governing Council of the ECB, in a meeting on April 5, 2017, did not object to an ELA-ceiling for Greek banks of 46.6 billion euros, up to and including Thursday, April 27, 2017, following a request by the Bank of Greece.
The unchanged ceiling reflects developments in the liquidity situation of Greek banks, taking into account private sector deposits flows.
(source: ana-mpa)

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