ECB leaves emergency funding to Greece unchanged at €89bn
European Central Bank (ECB)
Athens - Arab Today
The European Central Bank on Wednesday decided to leave its stop-gap credit facility to Greece, known as Emergency Liquidity Assistance (ELA), unchanged at 89 billion euros ($99 billion), a banking source said.
The decision by the ECB's board of governors was expected. The institution has kept its ELA cap unmodified since June 27, when Greece called its referendum that rejected bailout terms from creditors. On Tuesday, though, it tightened conditions for Greek banks' access to the aid.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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