The European Central Bank (ECB) just increased the amount of emergency funding available to Greek banks by €5 billion — despite indications that the savers were pulling less of their money out in February. On Thursday the ECB announced that it was extending the Emergency Liquidity Assistance that can be given to Greek banks from its current maximum of €60 billion to €65 billion. However, their reasons for doing so remain unclear. Earlier reports had suggested that fears of deposit flight, where Greek savers withdrew their money from banks and deprived them of a key source of funding, after the left-wing Syriza party ... (full story)