ECB increases again financial lifeline for Greek banks: Source

The European Central Bank (ECB) on Wednesday increased for the fifth time in 8 days emergency liquidity funds for Greece`s banks, a Greek banking source said.

ECB increases again financial lifeline for Greek banks: Source

The European Central Bank (ECB) on Wednesday increased for the fifth time in 8 days emergency liquidity funds for Greece`s banks, a Greek banking source said.

The size of the latest increase of the ECB`s Emergency Liquidity Assistance (ELA) was not specified by the source, who declined to be named, and came as Greeks continued to withdraw deposits in large volumes from the nation`s stricken banks.

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