ECB increases again financial lifeline for Greek banks
European Central Bank
Athens - Arab Today
The European Central Bank (ECB) on Wednesday increased for the fifth time in 8 days emergency liquidity funds for Greece's banks, a Greek banking source said.
The size of the latest increase of the ECB's Emergency Liquidity Assistance (ELA) was not specified by the source, who declined to be named, and came as Greeks continued to withdraw deposits in large volumes from the nation's stricken banks.
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Dubai - Arab Today
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