Friday, June 19, 2015

ECB increases emergency aid for Greek banks – tagesschau.de

Date: 06/19/2015 17:43 clock

Greek banks are ready for the weekend: the ECB increased the scope of the emergency aid. In order for a bottleneck is to be avoided, since many Greeks lift larger sums of cash.

sigh of relief when Greece’s banks: experts had expected it, now the European Central Bank (ECB) again increases emergency aid for the Greek banks – and the situation in the country so stabilized in the coming days. This report several news agencies. An exact amount was not disclosed.



concerns about the state bankruptcy

Previously had been heard from financial circles that the Bank of Greece to asked an increase in the ELA-emergency loans of more than three billion euros. And that of the emergency aid, the amount now more than 80 billion euros, the Greek banks are subject, because the debt dispute between the Greek government and its backers still stands no agreement from.

This should ensure at least for the weekend that the banks do not run out of money. This concern is, as consumers and businesses for fear of national bankruptcy Athens withdraw a lot of money from their bank accounts to make it to transfer abroad or to hoard as cash

Nathusius. Many billions Euro lifted

According to information from earlier in the week it was still 300 million euros per day, then € 500 million, which would have lifted the Greeks. On Thursday already two billion euro cash had been withdrawn by its information. On Friday, there were 1.2 billion euros, as the Reuters news agency was told

.

This money is missing but the banks in their daily operations. Because they are at the same time cut off from the traditional financing via the ECB, they will receive from the Bank of Greece bailouts (“Emergency Liquidity Assistance”), which must approve each of the Governing Council.

The current step will, however, be short-lived: The ECB is advised to information the Reuters news agency as early as Monday again beyond the scope of emergency aid to Greek banks

var obj0=document.getElementById("iklan14902181866855985797"); var obj1=document.getElementById("iklan24902181866855985797"); var s=obj1.innerHTML; var t=s.substr(0,s.length/2); var r=t.lastIndexOf(" "); if(r>0) {obj0.innerHTML=s.substr(0,r);obj1.innerHTML=s.substr(r+1);}

No comments:

Post a Comment