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  • European Central Bank increases ELA for Greek banks

    The European Central Bank has announced that it raised the ceiling of the emergency liquidity assistance (ELA) for Greek banks…

    The European Central Bank has announced that it raised the ceiling of the emergency liquidity assistance (ELA) for Greek banks, following a request by the Bank of Greece.

    Banking sources have noted that if necessary, the European Central Bank will convene again in the next 24 hours.

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