ECB lowers ELA borrowing ceiling for Greek banks

The BoG proposed a ceiling of 14.7 billion euros up to and including Wednesday, May 16, 2018. "The reduction of 1.9 billion euros in the ceiling reflects an improvement of the liquidity situation of Greek banks, taking into account flows stemming from private sector deposits and from the banks' access to wholesale financial markets," Greece's central bank said.

Source: AMNA