Home Tags Emergency Liquidity Assistance

Tag: Emergency Liquidity Assistance

European Central Bank Lowers ELA Cap for Greek Banks

The European Central Bank lowered the cap on emergency liquidity assistance (ELA) that Greek banks draw from the domestic central bank by 300 million...

ECB Lowers Emergency Liquidity Assistance to Greece

The Bank of Greece announced that the European Central Bank had lowered the cap on emergency liquidity assistance (ELA) that Greek banks draw from...

ECB Lowers Cap on Emergency Funding for Greek Banks by 2.5 Billion Euros

The European Central Bank (ECB) lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 2.5 billion...

ECB reduces ELA Cap for Greece Again

 The Bank of Greece announced on Wednesday that the European Central Bank decided on Tuesday to further decrease the cap for Emergency Liquidity Assistance (ELA) to...

ECB Maintains ELA to Greek Banks

According to reports, the European Central Bank (ECB) decided to maintain the Emergency Liquidity Assistance (ELA) to Greek banks at the current ceiling of almost 91...

ECB Raises ELA Cap for Greek Banks by €900 Mln

According to reports, the European Central Bank (ECB) Governing Council decided on Wednesday to raise Emergency Liquidity Assistance (ELA) to Greek banks by another 900 million...

Greek Banks to Reopen on Monday

Greek bank branches will reopen on Monday according to sources, the Athens-Macedonian News Agency reported. The alleged decision follows a European Central Bank (ECB) announcement that...

ECB Raises Greek Banks’ ELA by €900 Million

The European Central Bank (ECB) Governing Council decided to raise the Emergency Liquidity Assistance (ELA) to Greek banks by 900 million euros. ECB President Mario Draghi discussed...

Greek Economy Minister: Banks Will Not Open This Week – Deposits Will Not Be...

During an interview with Bloomberg on Tuesday, Greek Minister of Economy, Shipping and Tourism Giorgos Stathakis said that banks will reopen when the European Central Bank...

ECB Keeps Greek Banks’ ELA Frozen but Increases Haircut

The European Central Bank (ECB) kept Emergency Liquidity Assistance (ELA) steady for Greek banks but adjusted the haircut on the collateral the lenders offer as security,...

European Central Bank Official: ‘Greek Debt to ECB Cannot be Restructured’

Greek debt held by the European Central Bank cannot be restructured as that would amount to the ECB financing a government, which is explicitly...

ECB Increases Greek Banks’ ELA by a Hefty 2.3 Billion Euros

The European Central Bank (ECB) is said to have significantly increased the ceiling of emergency liquidity assistance (ELA) provided to Greek banks on Wednesday...

LATEST