Eurokrisen - den ENDA tråden i ämnet

[inkfish]

ECB har bestämt sig. De stryper inte stödet men höjer det inte heller. Undrar hur länge det räcker för bankerna.

It’s official, the European Central Bank has decided to maintain the emergency liquidity support on offer to Greece, but it has also not provided any extra help.

In a statement, the ECB says that it has decided to maintain the ELA ceiling at Friday’s limit (that’s €89bn).

So it hasn’t pulled the plug, but it also hasn’t provided extra funding to cover the funds that have flowed out of Greek banks this weekend.

For weeks, the ECB has been agreeing to requests from Greece for extra emergency liquidity, often providing a billions euros or more each week.

So if there’s no extra ELA, that is going to make it harder for banks to handle withdrawals, if people keep taking money out.

(The Guardian)