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ECB holds emergency funding for Greek banks steady: source

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European Central Bank policy-setters kept the limit on Emergency Liquidity Assistance (ELA) to Greek banks unchanged at a telephone conference of its Governing Council on Thursday, a person with direct knowledge of the matter said.

[FRANKFURT] European Central Bank policy-setters kept the limit on Emergency Liquidity Assistance (ELA) to Greek banks unchanged at a telephone conference of its Governing Council on Thursday, a person with direct knowledge of the matter said.

The decision, which is the second day in a row that the decision-making body of eurozone central bank chiefs and the ECB's executive held the limit steady, means that such funding now stands at around 89 billion euros, the source said.

REUTERS