ECB lowers ELA ceiling for Greek banks as liquidity conditions improve

Gazzetta team
ECB lowers ELA ceiling for Greek banks as liquidity conditions improve
The European Central Bank (ECB) on Thursday lowered the ceiling for emergency liquidity assistance (ELA) Greek lenders can tap from the Greek central bank by around 600 million euros to 89.1 billion euros.

The situation in the Greek banking system will be re-assessed on September 16.