-
Moody's leaves Greece's rating unchanged, one notch from investment grade -
Investment grade boost visible in strong demand for Greek assets -
Labour database shows 8 in 10 workers earn less than 1,200 per month -
Investment grade rewards evident in first bond issuance of 2024, attracting record demand -
PDMA taps markets for first time this year via modest bond reopening -
Greece aims to replicate last year's successful debt strategy in 2024
Referendum and the ECB to determine the future of Greek banks
The ECB Governing Council decided yesterday to maintain the Emergency Liquidity Assistance (ELA) funding of Greek banks at current levels. Moreover, despite earlier rumors, the ECB did not take any decision on an increase on the haircut applied to ELA collaterals.
This means that Greek banks will continue operating with the ELA liquidity of last Friday which is estimated close to 90 billion. At the same time, ECB said that it will reconvene whenever needed to assess banks liquidity position.
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 €450 per year.
€500.00