Sentence examples for liquidity programme from inspiring English sources

Yes, the European Central Bank's massive liquidity programme for banks (not sovereigns) has taken the edge off the panic.

To quote the budget minister, Cristóbal Montoro, using the liquidity programme will bring "fiscal or budgetary conditions".

And, as solvency often lies in the eye of the beholder (meaning the European Central Bank), there will always be scope to contain the pain while labelling the operation a liquidity programme.

A lot of the liquidity programmes are counter-cyclical, in that if things get better in the markets, the programmes will automatically shrink.

Central banks retain the capacity to act: the Bank of England announced new liquidity programmes on June 14th, and on June 20th the Federal Reserve decided to extend a programme to hold more longer-term bonds (see article).

Although the ECB is expected to continue the funding under the emergency liquidity assistance programme, it is keeping the situation under regular review.

On Tuesday, the ECB agreed to inject nearly €1bn into the Greek banking system, the third consecutive working day that Greece has received emergency help from the emergency liquidity assistance programme in order to stave off bankruptcy as depositors take billions of euros out of accounts.

Earlier on Tuesday, the European Central Bank agreed to inject nearly €1bn into the Greek banking system, the third consecutive working day that Greece has received emergency help from the ECB's emergency liquidity assistance programme to stave off bankruptcy as depositors take billions of euros out of accounts.

The ECB's emergency liquidity assistance (ELA) programme has been critical to the continued operation of the Greek banking system – but the ECB can only to lend to solvent institutions.

However, it was unclear whether Greece had got the full €3.5bn (£2.5bn) it was hoping for under the Emergency Liquidity Assistance (ELA) programme, or whether it has been given only enough to see it through until Monday's meeting of EU leaders.

Banks can still access funding through the Emergency Liquidity Assistance (ELA) programme, run by Greece's central bank, and at a much higher cost to the banks.