ecb increases again financial lifeline for greek banks
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

ECB increases again financial lifeline for Greek banks

Arab Today, arab today

Arab Today, arab today 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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