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Building activity slows again in Mar, as Q1 rise reaches 6.7 pct
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Retail sales up by 18.8 pct YoY in Apr, but monthly and volume data point to slowdown
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High energy prices fuel uncertainty on fiscal front
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Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts
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Deposit rise of 1.3 bln in May led by corporates as household savings drop
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Economic sentiment drops by 3.7 pts in June as all components deteriorate
ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
The Bank of Greece (BoG) said on Thursday that the European Central Bank increased the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by 400 million euros to 46.6 billion following a request made by BoG.
The rise in the ELA limit “reflects developments in the liquidity situation of Greek banks, taking into account private sector deposit flows,” BoG noted.
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