ECB approves additional emergency liquidity for Greek banks-source

June 22, 2015 8:12 AM

68 0

ATHENS, June 22 The European Central Bank raised the ceiling on emergency liquidity Greek banks can draw from the country's central bank for a third time in six days, a banking source told Reuters on Monday, declining to say by how much.

The ECB's governing council held a teleconference on Monday to discuss extending the emergency liquidity assistance after Greek savers pulled about 4.2 billion euros from Greek lenders last week on fears Athens may fail to reach a deal with lenders.

Also read: China’s Xiaomi Scales Down IPO

Read more

To category page