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Newsletter 126 - 07/07/2017
to lower the ELA ceiling for Greek banks to 41.6 billion, up to and including Thursday, 20 July
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Capital controls to ease further from the beginning of September
EconomyMacroeconomy. Furthermore, on Thursday, the Bank of Greece (BoG) announced that the European Central Bank lowered the ELA
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Fitch upgrades Greek rating to B-, sees debt sustainability improving
Economyreduced reliance on ELA and the government has announced further relaxation of the capital controls
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Rating agencies concur in improved prospects for Greece
Economyfragile. There are some signs of improvement following a steady reduction in ELA reliance for liquidity
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Newsletter 131 - 8/9/2017
by BoG that the ECB had approved the lowering of the ELA ceiling for Greek banks by 5 billion euros
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Trust in Greek banking system shaky, survey suggests
EconomyBanking. That decision led to the governing council of the ECB not increasing the ELA limit at the disposal
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Newsletter 146 -12/01/2018
Assistance (ELA) guarantees, which declined by 2.82 billion. New tax debt rose by 1.19 billion euros
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Draghi sets out QE obstacles facing Greece
EconomyProgramme) route of Emergency Liquidity Assistance (ELA). Greek banks currently borrow around 5 billion euros
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economythe need for any capital plans. Dependency on central banks liquidity is reduced and notably ELA
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Fresh reminder about pending reforms for Athens, which remains confident on goals
EconomyProgrammetheir ELA and that deposits are returning,” added the finance minister. The SYRIZA official also
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