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ECB reduced ELA ceiling for Greece to €86bln

Discussion in 'Fundamental Analysis' started by ForexLive, Nov 5, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Bank of Greece statement on the wires - €86.9bln prev Another welcome reduction further to the previous one that I reported here The move reflects improvement in Greek liquidity conditions but they have been reliant on ELA since Feb after being cut off from the ECB's funding window

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