Credit contraction slows to 1.3 pct in March on net additions of 307 mln
Deposit flow turned positive in March, with inflows of 278 million
Retail sales climb 10.9 pct in Feb on strong rebound in almost all sectors
Economic sentiment and consumer confidence improve in April
Disposable income rises slightly in Q4 for first time since Q3 2014
These were the key drivers behind Greece's strong fiscal performance in 2016
ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
The Bank of Greece (BoG) said on Thursday that the European Central Bank increased the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by 400 million euros to 46.6 billion following a request made by BoG.
The rise in the ELA limit “reflects developments in the liquidity situation of Greek banks, taking into account private sector deposit flows,” BoG noted.
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