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PMI rises to 50 points in September, signalling stabilisation
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
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Greece draws strong interest, attractive yield by re-opening 10-year bond
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
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OECD releases new outlook calling for sustained reforms post Covid-19
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
Greek banks’ reliance on Eurosystem fell by 2.36 bln in October
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 2.36 billion euros in October, according to the Bank of Greece’s (BoG) monthly financial statement.
Monthly movement reflects a drop in ELA funding by 1.0 billion euros at 7.95 billion and in ECB funding by 1.35 billion at 62.47 billion.
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