The governing council of the European Central Bank (ECB) met Friday in an extraordinary way to decide whether extending the emergency liquidity assistance to Greece following the intensification of capital flight.
The meeting by teleconference to discuss a request for increased emergency liquidity more than 3,000 million euros from the Bank of Greece was framed within a normal procedure, according to people familiar with the situation.
Finally, the ECB He agreed to approve a new emergency liquidity extraordinary for Greek banks.
The petition, which responds to increasing run on deposits of the Greek banks, came a day after the ECB increased by 1,100 million euros the provision of emergency liquidity to Greek banks, to the maximum of 84,100 million euros.
The French member of the executive committee ECB Benoit Coeuré, doubted yesterday that the Greek banks to open on Monday , in an environment of great incertidumbre.Se estimated Thursday Greek banks out of more than 1,000 million euros.
banking circles quoted by Greek media claimed that the situation is “controlled” and recalled that in June 2012, in the heat of the convening of the second general election in just one month, deposit outflows were twice which is having now.
The Greek government reacted sharply yesterday to reports in the press, according to which was preparing a plan of capital controls, and said that this type of information as only pursue “rioting” and “destabilize the economy”
Source:. Expansion
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