Factors to watch on April 15 | Reuters

April 15, 2015 5:49 AM

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European Central Bank policymakers may sanction possible further emergency funding for Greece's banks on Wednesday amid the first clear signs that the wider euro zone economy is picking up.

A banking source told Reuters on Tuesday that the ECB has raised the cap on emergency liquidity assistance (ELA) that Greek banks can draw from the country's central bank by 800 million euros ($849.9 million), taking the ELA ceiling to 74 billion euros.

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