Search

Results 101 to 110 out of 1259. RSS
  1. Tsipras facing decision over timing of vote on Prespes Agreement
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    with Independent Greeks (ANEL). Defence Minister Panos Kammenos, who leads ANEL, the junior partner... other sources. The only question that SYRIZA has about ANEL is what stance it will take if New... Kammenos and his ANEL colleagues have been that they will not vote against SYRIZA, allowing Tsipras

    12%
  2. Referendum and the ECB to determine the future of Greek banks
    Photo by MacroPolis

    Economy

    The ECB Governing Council decided yesterday to maintain the Emergency Liquidity Assistance (ELA... 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

    12%
  3. Coalition bolsters unity in face of opposition pressure
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    Greeks (ANEL) appear to have made the coalition members even more determined to stick together... took their decision after ANEL indicated it would not back two pieces of draft legislation. One... and to avoid fines from Brussels. However, New Democracy and ANEL were among those who expressed concern

    12%
  4. SYRIZA confident of survival beyond name deal, confidence vote
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    (ANEL), departs the government as the opposition parties do not have enough support to win... during the gathering was what would happen after the departure of ANEL, which is thought to be just... the ratification of the Prespes Agreement as early as this Friday and ANEL leader Panos Kammenos has said he

    12%
  5. What higher ECB haircuts on collateral could mean for Greek banks' liquidity
    Photo by MacroPolis

    Economy

    the haircut applied to the collateral used by Greek banks for Emergency Liquidity Assistance (ELA) funding... of Greece (BoG), Greek banks’ cash ELA funding reached 68.51 billion euros at the end of March. On Wednesday, ECB raised the ELA limit for Greek banks by 1.5 billion to 75.5 billion. In addition, the ELA

    11%
  6. How Greek banks can balance on the collateral tightrope
    Photo by MacroPolis

    Agora

    (ELA) funding. Based on the latest official BoG figures, Greek banks used ELA funding of 74.4 billion... decided on May 12 to lift the ELA cap for Greek banks by 1.1 billion to 80 billion. Banking sources indicated that the ELA cash liquidity buffer stood at 3.5 billion euros, implying that banks have

    11%
  7. Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    billion eurps almost entirely stems from a rise in the Emergency Liquidity Assistance (ELA) funding... recapitalisation process and can still be placed with the ECB for funding purposes. The increase in the ELA funding in May is similar to the increase of 3.3 billion in the ELA limit that was decided

    11%
  8. After 'No' vote, pulling Greek banks back from brink a priority
    Photo by MacroPolis

    Economy

    in the Emergency Liquidity Assistance (ELA) limit for Greek banks. Press reports initially noted that the ECB... the ECB Governing Council convened for the last time on Greece, it decided to keep the ELA limit unchanged, while further postponed an increase in the ELA collateral haircut. Although, Greek banks

    11%
  9. Tsipras and Kammenos ready to call time on coalition after agreeing Friday meeting
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the official separation between SYRIZA and Independent Greeks (ANEL), paving the way for the prime minister... that the four-year alliance between SYRIZA and ANEL was due to come to a messy and acrimonious end. Tsipras... divorce so that SYRIZA and ANEL do not emerge scathed from their alliance as the next national elections

    11%
  10. Capital controls in Greece? A response to Professor Sinn
    Photo by MacroPolis

    Agora

    for the Eurozone (EZ) to provide sufficient liquidity, say via Emergency Liquidity Assistance (ELA) under... that lacks liquidity, simply because ELA has reached an arbitrary upper bound? Third, Professor Sinn misrepresents facts in a couple of aspects related to Cyprus. The increase in ELA for the Cypriot

    11%