Emergency Liquidity Assistance

ECB keeps emergency liquidity for Greek banks at current level

The European Central Bank decided Monday to leave its stop-gap credit facility for Greece, known as Emergency Liquidity Assistance (ELA), unchanged at around 89 billion euros ($99 billion), an ECB spokeswoman said.

Jul 13, 2015, 20:02 PM IST

ECB puts no fresh cash into Greek banks

The ECB Governing Board board said it "decided to maintain the ceiling to the provision of emergency liquidity assistance (ELA) to Greek banks at the level decided on Friday".

Jun 28, 2015, 20:13 PM IST

ECB tells Greek banks not to buy any more Greek government debt

The European Central Bank has written to Greek banks urging them not to increase their exposure to Greek sovereign debt to avoid endangering the solidity of their finances, a source told AFP on Wednesday.

Mar 25, 2015, 17:50 PM IST