Apparently, if
Reuters sources are to be believed, Greece is unlikely to
ask for an increase in emergency funding from the European
Central Bank for weeks.
For why?
It has loads of money!
The sources claim that Greece's liquidity buffer has risen from Euro1BN to Euro5BN, thanks to two Emergency Liquidity Assistance (ELA)
increases from the ECB, tax and tourism inflows, and pension
payments.
Let us trust that this buffer isn't squandered!
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