-
Current account deficit still improving in Oct due to trade balance for services, goods
-
Industrial turnover up by just 0.3 pct YoY in Oct as manufacturing growth, domestic market slow
-
Budget continues to outperform in Nov as taxes beat target by 334 mln
-
Government’s growth ambitions meet RRF reality
-
Disposable income rises in Q2, saving rate stays negative at -3 pct
-
Wages index growth slows to 7.4 pct YoY in Q3
Greek banks less reliant on Eurosystem funding in September
Greek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, dropped by another 1.4 billion euros in September, according to the BoG’s monthly financial statement. Monthly movement reflects a drop in ELA funding by 2.7 billion euros at 8.96 billion and a rise in ECB funding by 1.4 billion at 63.82 billion.
The outstanding balance stood at 72.78 billion euros at the end of September from 74.14 billion at the end of August reaching its lowest level since March 2010. Note that September was the fifth straight month recording a drop in Central Bank funding, w...
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €530 per year.
€530.00