Eurosystem funding for Greek banks eases by 2.18 bln in January

EconomyMacroeconomy Tags: Banking, BoG, ECB, Liquidity

Following a brief rise in December, Greek banks’ Eurosystem funding resumed its downward trend in January easing by 2.18 billion euros, according to the Bank of Greece (BoG) monthly financial statement.

The aggregate figure of Central Bank funding, the combined liquidity Greek banks have received from the European Central Bank (ECB) and the BoG Emergency Liquidity Assistance (ELA) mechanism stood at 70.84 billion at the end of January from 73.02 billio...

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