Emergency ECB funding to Greek banks down 1.6 bln euros in Sept

October 15, 2015 2:47 PM

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ATHENS Oct 15 Emergency European Central Bank funding to Greek lenders fell by 1.6 billion euros in September, Bank of Greece data showed on Thursday, as capital controls helped slow deposit outflows.

Emergency funding, which is more costly than borrowing from the European Central Bank, fell to 82.4 billion euros at the end of last month from 83.95 billion euros in August, the data showed.

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