Thursday, February 19, 2015

“More air for Greeks ECB ‘- Telegraaf.nl

"More air for Greeks ECB '- Telegraaf.nl

FRANKFURT (Reuters) –

The European Central Bank (ECB) has the maximum that emergency aid to Greek banks may be granted increased by 3.3 billion euros. Reported that anonymous sources at the ECB

.

The total size of the so-called Emergency Liquidity Assistance (ELA) should therefore be increased

to 68.3 billion. This support can be provided by the central bank of a euro country, in this case that of Greece.

Last week, the ECB would be the extent of having increased the support program for Greece with 5 billion.

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