ELA funding down by 1.48 bln in July for first monthly drop since May 2014

EconomyMacroeconomy Tags: Banking, BoG, ECB
Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH
Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

Greek banks’ Eurosystem funding fell by 1.29 billion euros in July after rising by 10.17 billion in June, according to the Bank of Greece's (BoG) monthly financial statement published on Monday.

This was the first drop in central bank funding since September 2014.

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