On Bloomberg a couple of hours ago:
- The European Central Bank approved an increase in the emergency funds available to Greek lenders that was smaller than the amount granted last week, two people familiar with the decision said.
- At a meeting in Frankfurt on Wednesday, the Governing Council raised the cap on Emergency Liquidity Assistance provided by the Bank of Greece by 700 million euros ($754 million), the people said, asking not to be named because the decision is confidential. An ECB spokesman declined to comment.
Anyone remember the good old days when Greek liquidity meant plenty of ouzo for everyone?
