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21 March 2013

ECB Governing Council decision on Emergency Liquidity Assistance requested by the Central Bank of Cyprus


The Governing Council of the European Central Bank decided to maintain the current level of Emergency Liquidity Assistance (ELA) until Monday, 25 March 2013.

Thereafter, Emergency Liquidity Assistance (ELA) could only be considered if an EU/IMF programme is in place that would ensure the solvency of the concerned banks.

Press release



© ECB - European Central Bank


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