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ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
EconomyMacroeconomywas cut by 200 million on February 2, remained stable on February 16 and eased by 100 million on March 9
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Deposit flow turned positive in March, with inflows of 278 million
EconomyMacroeconomyat 2 billion, which was around 400 million above the respective figure of 1.61 billion recorded a year... that figure stable on April 6. On Thursday, it decided to reduce the ceiling by 100 million following
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Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
EconomyFeatureson bond prices from the recent positive news flow, such as the technical agreement clinched on May 2..., while the 10-year yield recorded a smaller drop of more than 100 bps well below the 6-percent mark
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Central government debt edges up to 326.5 billion in Q1
EconomyMacroeconomyStability Fund (HFSF) of a loan worth around 2 billion. This loan was granted in December 2015... Investment Bank (EIB), edged up by around 100 million to 7.58 billion, while loans held by the Bank
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBanking) and consumer loans (-2 million). In contrast, a positive NPE formation of 22 million was posted... quarters. The cost of risk is seen between 150 – 200 bps in 2017 and at around 100 bps in the coming
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China's bumpy road to Greece
EconomyFeaturesglobal markets to Chinese exporters. Greece is hoping to bag some of the 100 billion euros earmarked... is popular with Russians, the investment threshold stands at 2 million euros in real estate. In 2016
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Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
EconomyMacroeconomyincreased by 100 million, the first increase since June 2016. Specifically, ELA funding was reduced... billion euros to 44.2 billion. A further decline in the ELA limit by 2 billion was also announced
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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBanking”. It is worth noting that the bank overshot the June NPE target by 100 million. Overall, the NPE ratio.... Provisions are seen close to 1 billion in 2017. Balance Sheet Eurosystem funding fell by 2 billion
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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingalso slightly above target by 100 million and came to 18.8 billion. This performance in turn manifested... on the asset quality trends in Q2, BoG noted that the quarterly default rate remains over 2 percent
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Eurobank sells NPL package in attempt to reduce bad debt pile
EconomyBankingEurobank became the first Greek systemic bank to sell a package of non-performing loans (NPLs) as Greek credit institutions attempt to tackle non-performing exposures (NPEs) in excess of 100 billion... and liquidations (4.4 billion) and selected sales (2 billion). According to reports, the bank is packaging 3
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