Greek banks' Eurosystem funding sees reduced drop of 334 mln in July

EconomyMacroeconomy Tags: Banking, BoG, ECB, Liquidity

Following a sharp drop by 13.88 billion euros in the preceding two months, Greek banks’ Eurosystem funding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial statement.

The outstanding amount landed at 44.62 billion euros at the end of July, from 44.95 billion at the end of June, remaining the lowest reading since January 2010.

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