ATHENS, March 13 Emergency central bank funding
to Greek lenders rose by 300 million euros, or 0.7 percent, in
February compared to the previous month, Bank of Greece data
showed on Monday.
Emergency funding, which is more costly than borrowing from
the European Central Bank, increased to 43.1 billion euros
($46.0 billion) at the end of February from 42.8 billion euros
at the end of January, the data showed.
Banks have relied on emergency liquidity assistance (ELA)
drawn from the Greek central bank since February 2015 after
being cut off from the ECB's funding window due to stalled
bailout talks between the government and its official lenders.
Their dependence on the ELA emergency lifeline has declined
since June last year when the European Central Bank reinstated
banks' access to its cheap funding operations.
($1 = 0.9370 euros)
(Reporting by George Georgiopoulos)