Australia shares climb on financials, materials; NZ ends at record high
June 29 Australian shares rose to their highest closing level in two weeks with banks and miners pushing the index higher, mirroring solid gains on Wall Street.
ATHENS Feb 16 The European Central Bank maintained the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank at 46.3 billion euros ($49.22 billion), the Bank of Greece said on Thursday.
The move reflected stabilisation of liquidity conditions, taking into account private sector deposit flows, it said. The ELA ceiling is valid up to March 9.
Greek banks have relied on emergency liquidity assistance (ELA) since February 2015 after being cut off from the ECB's funding window. Emergency funding is more costly than borrowing directly from the ECB.
In June the ECB reinstated Greek banks' access to its cheap funding operations, allowing lenders to reduce their dependence on the emergency liquidity lifeline. ($1 = 0.9406 euros) (Reporting by Angeliki Koutantou)
* PRELIM. Q2 REVENUE 9.8 MILLION ZLOTYS Source text for Eikon: Further company coverage: (Gdynia Newsroom)