×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
03
Feb 2026
weather symbol
Athens 12°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

 

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The half-full, half-empty measure means that the ECB won’t cover cash withdrawn from Greek banks over the weekend, as the Tsipras government’s call for a referendum sent swarms of depositors to ATMs and over their keyboards to utilize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

GEK TERNA: Mediobanca raises target price to €45.7

EIB: Towards a new record of close to €4 billion in lending to the Greek economy

Real Estate: How apartment building management can cut up to 20% off a property’s value

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

“Dear Jeffrey, I gave birth to a little Greek girl”: the message from an unknown woman to Epstein and and the “cheeseburger” fueling conspiracy theories

February 3, 2026

US shoots down Iranian drone approaching aircraft carrier Lincoln in the Arabian Sea

February 3, 2026

GEK TERNA: Mediobanca raises target price to €45.7

February 3, 2026

Reuters: Greece set to announce ban on social media for children under 15

February 3, 2026

Vatican intervenes over the “Meloni angel” in a Rome church: Orders changes to controversial mural after backlash

February 3, 2026

Dubai BC – Olympiacos 108-98: Took it to overtime but the Piraeus team folded

February 3, 2026

Who is the 55-year-old Greek arrested for sabotage on German warships?

February 3, 2026

The Hellenic Initiative UK hosts inaugural new leaders vasilopita cutting in London – February 10th, 6–9pm

February 3, 2026
All News

> World

“Dear Jeffrey, I gave birth to a little Greek girl”: the message from an unknown woman to Epstein and and the “cheeseburger” fueling conspiracy theories

Reactions on social media and references to terms linked to Pizzagate

February 3, 2026

US shoots down Iranian drone approaching aircraft carrier Lincoln in the Arabian Sea

February 3, 2026

Vatican intervenes over the “Meloni angel” in a Rome church: Orders changes to controversial mural after backlash

February 3, 2026

Two arrests for sabotage of German navy warships – One suspect is a Greek from Thrace

February 3, 2026

Authorities in Iran arrest 139 foreign nationals during the protests

February 3, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα