ECB raises emergency funding cap for Greek banks to above 71 billion euros - source


  • World
  • Wednesday, 25 Mar 2015

ATHENS (Reuters) - The European Central Bank raised the cap on emergency liquidity assistance (ELA) that Greek banks can draw from the country's central bank to above 71 billion euros (52.3 billion pounds) from 69.8 billion previously, a banking source told Reuters on Wednesday.

"The ELA ceiling was increased to slightly above 71 billion euros," the source said.

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