What You Need to Know About the One Thing That's Keeping Greek Banks Alive
The lowdown on ELA
How Will ECB Help Open the Banks in Greece?
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The European Central Bank board is meeting today to discuss the emergency funding provided to Greek banks in the aftermath of yesterday's referendum result.
Without an increase in the size of the Emergency Liquidity Assistance (ELA) facility -- currently limited at €88.6 billion ($97.5 billion) -- Greek banks are likely to remain closed for some time yet.