MOSCOW (Sputnik) – The European Central Bank (ECB) decided Wednesday to keep Emergency Liquidity Assistance (ELA) to Greek banks at its current level of just under 91 billion euro ($100 billion), the Financial Times reported, citing Eurosystem sources.
"There was no request for an increase [of ELA from the Bank of Greece] and… no increase was given," the sources told the newspaper.
Greece owes about $270 billion of its $350-billion debt total to its main creditors — the European Central Bank, the International Monetary Fund and some eurozone countries.
Currently, the country and its lenders are in negotiations about a bailout package of up to $95 billion for Greece to be doled out over the next three years in exchange for further austerity reforms.
According to the Greek Finance Ministry, the technical section of the talks is expected to be finished by Friday.
