OECD sees Greek economy most at risk from Covid-19, with impact reaching up to 35 pct of GDP
Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln
Greece braces for recession, hopes to bounce back from summer onwards
BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
ECB makes Greece eligible for up to 12 bln in bond purchases amid market frenzy
Greek banks set for early ELA return in apparent precautionary move
Kathimerιni daily revealed on Friday that two of the four systemic banks have submitted requests to the Bank of Greece (BoG) for raising liquidity of 5 billion euros through the Emergency Liquidity Mechanism (ELA), while the other two are expected to follow suit in the coming days.
Banking sources told Kathimerini that this development reflects diminishing liquidity in the domestic market following deposit outflows of 3 billion euros in December, a process which is continuing in January, as well as the much higher participation of...
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