By Marcus Bensasson

(Bloomberg) —

ECB’s Governing Council didn’t object to a Bank of Greece request to lower ELA ceiling for Greek lenders by EU1.3b to EU10.9b, Athens-based central bank says in statement.

• Reduction “reflects an improvement of the liquidity situation of Greek banks, taking into account flows stemming from private sector deposits and from the banks’ access to wholesale financial markets”

• Revised ceiling valid through July 11