Credit growth slows to 5.3 pct in Oct amid first outflow since Jan
Building activity back to growth in Aug, but year-to date remains subdued
Final budget for Oct affirms new targets and tax outperformance
Travel balance of 14.13 bln to Sep beats 2019 record
Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
Travel receipts almost double, but current account deficit rises by 78 pct in 9M
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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