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With the ECB having already said 16 July 2015 that it left its benchmark refinancing rate on hold at an historic low of 0.05 per cent, ECB has decided to boost emergency aid - namely the Emergency Liquidity Assistance (ELA) scheme - to Greece's crisis-hit banks after the parliament in Athens agreed overnight to a round of tough reforms. EPA/ARNE DEDERT GERMANY ECONOMY ECB ARNE DEDERT