European Central Bank reduces again ELA ceiling for Greek banks to €50.9 billion

The Bank of Greece announced that the Governing Council of the ECB did not object to an ELA-ceiling for Greek banks of €50.9 billion, up to and including Thursday, 8 December 2016.

The reduction of 200 million euros in the ceiling, the statement continues, reflects an improvement of the liquidity situation of Greek banks, amid a reduction of uncertainty and the stabilization of private sector deposits flows.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

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