Greek banks raised their dependence from liquidity operations of the European Central Bank in June, the Bank of Greece said on Monday.
The central bank, in a report, said the Greek banks’ total debt to ECB was 103 billion euros at the end of June, up from 97.5 billion euros a month earlier. The bank attributed this development to a large withdrawal of saving deposits from the Greek banking system in the month, a trend which intensifies liquidity problems for Greek banks.

Under a new agreement reached in the European Union to solve a Greek debt problem, European states will offer guarantees totaling 32 billion euros to Greek banks in order to continue smoothly their borrowing from European Central Bank.