Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln

EconomyMacroeconomy Tags: Banking, BoG, ECB, Liquidity

As expected, Greek banks’ Eurosystem funding rose at a rising pace by 5.66 billion euros in April from 2.93 billion in March to reach a total of 112.84 billion, according to the Bank of Greece's (BoG) monthly financial statement published on Wednesday

The April figure is the highest reading since December 2012, while the headline figure stands above the 100-billion mark for the third straight month.

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