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- European Central Bank raises the amount of emergency funding (ELA) to Greek banks by €900 million over one week
European Central Bank raises the amount of emergency funding (ELA) to Greek banks by €900 million over one week
The European Central Bank (ECB) raised the amount of emergency funding (ELA) to Greek banks by €900 million over one week on Thursday, the ECB President Mario Draghi said at a press conference.
The amount the Greek central bank can lend its banks totals around €89.5 billion.
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