ECB increases ELA limit for Greek banks in first positive signal since referendum

Yields rise, but Greek debt still partly shielded from market headwinds 22/09/2022 - 11:21
Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record 21/09/2022 - 14:34
Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves 19/09/2022 - 10:38
Finance Ministry costs new support package, but questions remain over electricity subsidies 13/09/2022 - 10:44
Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop 09/09/2022 - 13:42
Hiring balance slows in June as job market returns to normal levels 19/07/2022 - 10:59

ECB increases ELA limit for Greek banks in first positive signal since referendum

Economy 16/07/2015 - 19:55 Tags: Banking, ECB, Liquidity

During a regular press conference on Thursday, European Central Bank President Mario Draghi announced the lender's governing council decided to approve a Bank of Greece (BoG) request to increase the Emergency Liquidity Assistance (ELA) limit for Greek banks by 900 million euro for one week.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

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.

€480.00

Free Mobile Apps

Update to the latest version of the MacroPolis Apps. Access all of our daily analysis, as well as our weekly e-newsletters, at your fingertips.

Tweets by @MacroPolis_gr

You have to in order to view this content.

Most Popular

Mitsotakis counters Erdogan claims at UN, makes case for cooperation 26/09/2022 - 11:08
Frustrated Androulakis rounds off surveillance inquiry as issue fails to gain traction 30/09/2022 - 13:16
Cost-of-living, surveillance developments encourage ND to target majority in 2023 26/09/2022 - 15:30
Govt Covid record questioned, as report highlights disparities in hospital death rates 29/09/2022 - 12:57
Big two parties strengthen grip on voters, but dominance remains elusive 27/09/2022 - 16:27

PM sets out winter relief measures, rules out change to electoral law 12/09/2022 - 09:25
Erdogan's inflammatory comments a harbinger for new period of Greek-Turkish tension 05/09/2022 - 09:00
Surveillance hearings in Athens and Brussels highlight contrasting approaches to issue 08/09/2022 - 14:59
Surveillance scandal produces more damaging revelations for ND 21/09/2022 - 14:42
Inquiry into surveillance scandal begins as ND feeds speculation about change to election law 07/09/2022 - 10:41

New study shows Greek population more than halving by 2100 20/07/2020 - 14:16
A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate 31/12/2021 - 10:49
From the National Energy and Climate Plan to COP26: What has Greek climate policy learned? 18/11/2021 - 10:59
Turkey looms large in 2022 foreign policy agenda, which includes Balkans, US and Russia 10/01/2022 - 11:35
Athens ponders US scepticism about EastMed gas pipeline 11/01/2022 - 13:31

Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance 26/09/2022 - 13:24
Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance 26/09/2022 - 10:34
PBO sees medium-term risks mounting, despite positive near-term outlook 23/09/2022 - 14:24
Finance Ministry costs new support package, but questions remain over electricity subsidies 13/09/2022 - 10:44
Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves 19/09/2022 - 10:38

Finance Ministry costs new support package, but questions remain over electricity subsidies 13/09/2022 - 10:44
Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves 19/09/2022 - 10:38
Property prices rise by 9.4 pct in Q2, close to all-time high 15/09/2022 - 13:09
Yields rise, but Greek debt still partly shielded from market headwinds 22/09/2022 - 11:21
Back-to-back contraction for PMI in Aug reflects tough conditions for manufacturing 01/09/2022 - 11:33

Exit from enhanced surveillance nears, but fiscal commitments bind Greece until 2060 17/08/2022 - 10:31
Tracing the decline of the middle class as parties vie for its votes 02/07/2019 - 15:54
Latest EC review clears path towards end of enhanced surveillance process in 2022 25/11/2021 - 09:59
One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations 02/03/2022 - 13:30
Draft 2022 budget represents first attempt to restore post-pandemic fiscal order 06/10/2021 - 11:23