The state of play with Greek banks' liquidity

Economy Tags: Banking, ECB, Liquidity
Photo by MacroPolis
Photo by MacroPolis

The ECB is expected to decide on Wednesday, February 4, on the extension for another 2 weeks of Greek banks’ access to Emergency Liquidity Assistance (ELA) funding.

The request submitted by the Bank of Greece (BoG) was initially approved on January 21 for a 2-week period, i.e. until the next ECB Governing Council due today.

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