European Central Bank’s governing board on Thursday did not object to a request by the Bank of Greece to lower the borrowing ceiling of the ELA mechanism for Greek banks by 600 million euros to 43.6 billion by Wednesday, 5 July 2017.
The central bank said that this reduction in the borrowing ceiling reflected positive developments in the liquidity of Greek banks, particularly positive deposit flows by the private sector.
Read more here.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons Copyright: DaveOinSF License: CC-BY-SA
Source: ANA-MPA
