The European Central Bank (ECB) on Thursday lowered the ceiling for emergency liquidity assistance (ELA). This means that Greek lenders can tap from the Greek central bank by around 200 million euros to 88.9 billion euros.

The situation in the Greek banking system will be re-assessed on October 6.

The statement reads:

The Governing Council of the European Central Bank has decided that national central banks will from now on have the option to communicate publicly about the provision of Emergency Liquidity Assistance (ELA) to the banks in their country, in cases where they deem that such communication is necessary.