The European Emergency Liquidity Assistance (ELA) cut the liquidity limit to Greek banks by 100 million Euros, setting the maximum supply limit to 71.3 bln Euros. During the European Central Bank’s (ECB) board meeting Wednesday it was decided to determine that maximum limit until April 6 to Greek banks. The reduction reflects an improvement in the liquidity of Greek banks, according to the Bank of Greece as a result of less uncertainty and a stabilisation in deposit flows of the private sector.