×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
02
Sep 2026
weather symbol
Athens 30°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

ECB maintains ELA funding; doesn’t raise ceiling

Cash withdrawals over the weekend won't apparently been replenished

Newsroom June 28 04:02

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

 

The European Central Bank has decided to maintain its Emergency Liquidity Support towards the Greek banking system, although no extra liquidity was provided.

In a statement, the ECB said its board decided to maintain the ELA ceiling at Friday’s limit of 89 billion euros.

The half-full, half-empty measure means that the ECB won’t cover cash withdrawn from Greek banks over the weekend, as the Tsipras government’s call for a referendum sent swarms of depositors to ATMs and over their keyboards to utilize web-banking accounts.

The full ECB statement reads:

“The Governing Council of the European Central Bank today welcomed the commitment by ministers from euro area Member States to take all necessary measures to further improve the resilience of euro area economies and to stand ready to take decisive steps to strengthen Economic and Monetary Union.

Following the decision by the Greek authorities to hold a referendum and the non-prolongation of the EU adjustment programme for Greece, the Governing Council declared it will work closely with the Bank of Greece to maintain financial stability.

Given the current circumstances, the Governing Council decided to maintain the ceiling to the provision of emergency liquidity assistance (ELA) to Greek banks at the level decided on Friday (26 June 2015).

The Governing Council stands ready to reconsider its decision.”

>Related articles

Greek businesses turn to vouchers instead of pay rises to avoid high taxes

Subsidies of up to €36,000 for all of an owner’s vacant homes: what the new decision provides for the “Home Renovation” program

Brent above $94 following new US strikes on Iran — European natural gas hits highest level since 2023

On his part, ECB President Mario Draghi stated:

“We continue to work closely with the Bank of Greece and we strongly endorse the commitment

 

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Greek businesses turn to vouchers instead of pay rises to avoid high taxes

September 2, 2026

PPC’s fixed tariff cut shields Greek households, prime minister says

September 2, 2026

US Army left without wartime leadership as Army Secretary quits amid Hegseth feud

September 2, 2026

Three suspects remanded in custody over Kypseli infanticide case

September 2, 2026

Fears grow that 20 missing in Kyrenia ferry disaster are trapped inside sunken vessel

September 2, 2026

Germany names two suspects in Leipzig airport drone plot

September 2, 2026

Fire breaks out in Mytikas, Thebes, burning near solar park, eight aircraft in the battle

September 2, 2026

Very high fire risk tomorrow for Attica and seven other areas — See the map

September 2, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα