ECB Does Not Alter ELA to Greece



Draghi_ECB

The European Central Bank decided on Wednesday for the second straight week to keep Emergency Liquidity Assistance to Greece at around 91 billion euros.

The decision was expected considering that the Greek government seems to not have made any formal requests for an increase in the ELA.

On Tuesday, Bloomberg cited a senior official at the National Bank of Greece who claimed that 1 billion euros have been deposited in Greek banks, since they resumed operations on July 20. Capital controls are still in effect, after more than five weeks.