Emergency central bank funding to Greek banks drops by 0.85 bln eur in Feb

March 9, 2016 3:31 PM

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ATHENS, March 9 Emergency central bank funding to Greek lenders fell by 1.2 percent or 850 million euros ($932.3 million) in February compared to the previous month, Bank of Greece data showed on Wednesday.

Banks have relied on emergency liquidity assistance (ELA) drawn from the Greek central bank since February after being cut off from the ECB's funding window due to stalled bailout talks between the Greek government and its official lenders.

Also read: Top Central Bankers Defend Stimulus Efforts

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