Second, future crises will inevitably require bailouts or liquidity provision by a lender of last resort (LLR).
State-guaranteed ELA (measure L2
State-guaranteed ELA (measure L2
Decision over providing emergency assistance (ELA) to Greek banks is reviewed
ECB Governing Council to decide on emergency funding for Greek banks (ELA)
Provision of emergency liquidity assistance by the Bank of Greece [en]
Existence of aid in the State-guaranteed ELA (measure L2
Existence of aid in the State-guaranteed ELA (measure L2
Existence of aid in the State-guaranteed ELA (measure L2
The State-guaranteed ELA therefore grants an advantage to the Bank.
The State-guaranteed ELA therefore grants an advantage to the Bank.
It also benefited from State-guaranteed emergency liquidity assistance ( State-guaranteed ELA).
The State-guaranteed ELA therefore grants an advantage to the Bank.
Legal basis for the assessment of the compatibility of the State-guaranteed ELA (measure L2
The State-guaranteed ELA meets the conditions laid down in Article 107of the Treaty.
Legal basis for the assessment of the compatibility of the State-guaranteed ELA (measure L2
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