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Eurosystem funding falls by 825 mln in Feb, banknotes in circulation rise by 50 mln
EconomyMacroeconomymillion euros in Emergency Liquidity Assistance (ELA) funding to around 94.7 million. At the same time.... In January, the BoG had announced that it would discontinue the publication of its regular ELA-ceiling bulletin as the threshold had now fallen under 2 billion euros. The total elimination of ELA funding
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Newsletter 87 - 09/09/2016
of Greece (BoG) said on Thursday that the ECB has lowered the emergency liquidity assistance (ELA) ceiling... eurozone bailout programme in mid-August 2015, the ECB has trimmed the ELA cap by 38.2 billion. NBG... on Friday meant that the focus was very much on finding common ground on issues such as growth
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North Macedonia's road to Brussels: Breaking the vicious cycle
Agora. In addition to bilateral stabilization and association agreements, there are also regional agreements... to "import" bilateral disputes. To break the vicious circle, the Balkans' offer of EU membership must... way, the EU is a necessity for the region. Finding complementary, facilitating, alternative
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Athens aiming to boost EU-Balkan momentum
PoliticsForeign PolicyGreece and North Macedonia and bilateral relations are improving, as evident during the visit... government is aiming to enhance both bilateral relations with the Balkan countries and to make up..., archaeological and educational issues is proceeding slowly, while the committee tasked with finding a solution
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Athens stands by Israel, hopes for de-escalation
PoliticsForeign Policy. The issue - which is mainly of a bilateral nature- has taken a European dimension as Athens has warned... treating the issue as a bilateral spat that “needs to be resolved between the two respective countries... in Oman, it is also clear that Athens is in favor of finding ways that will prevent a widespread
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OPEKEPE, Predator and Ankara tension set tone for post-Easter politics
PoliticsGreek PoliticsMinistry stressed that all bilateral and trilateral partnerships - including those with Israel and Cyprus... and security, reinforcing a bilateral axis that has become one of Greece’s most important diplomatic... finding that Intellexa operated exclusively in the field of data extraction through surveillance
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Athens gets first taste of Erdogan's new era in power
PoliticsForeign Policyfor their role in the 2016 coup, is still a burden on bilateral relations. Following the talks... concerning the two Greek soldiers. This however is not the only issue provoking problems in bilateral... politically isolated) the AKP, or Justice and Development Party, which has been winning elections ever since
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingAssistance (ELA) funding dropped to 2.1 billion in March, falling by another 1 billion euros in mid May..., long-term growth,” he said. “Our improved funding metrics, along with the imminent elimination of ELA..., has attracted strong interest. The first two phases were completed in March and binding offers
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Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
EconomyMacroeconomyof this amount (65.6 billion) relates to ELA funding and the remaining 38.6 billion to ECB funding almost entirely comprised by EFSF bonds. The ECB raised on Wednesday the ELA limit for Greek banks by 1.3...-financial companies. Another important finding disclosed by Greek banks is that three quarters
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Eurogroup leaves Greece in limbo, with liquidity drying up
PoliticsGreek Politicsby Greek banks for emergency liquidity (ELA). However, Eurogroup chief Jeroen Dijsselbloem stressed... consequences. The governing council decided on Tuesday to increase Greece's ELA limit by 1.1 billion... to make alternative proposals in these policy areas. Beyond Greece and its lenders finding common ground
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