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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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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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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBanking, with zero Emergency Liquidity Assistance (ELA) exposure since late November 2017, assisted by capital... ) funding. NBG remains the only core Greek bank that is off ELA while retaining a liquidity buffer...-binding bids must be received by December 10, and binding bids by the end of February. The bank hopes
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2014 is not 2012
Agorafor different reasons and their banks resorted to the Emergency Liquidity Assistance, the famous ELA. Banks turn to ELA when they don't meet the criteria of the standard financing operations of the ECB. ELA is provided by the national central bank and is regularly reviewed and thresholds approved
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Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln
EconomyMacroeconomyAssistance (ELA) funding by 5.86 billion to 74.37 billion. This is the highest reading since December 2012. The rise in the ELA funding in April is similar to the increase of 5.6 billion in the ELA cap set by the ECB for that period. Since the beginning of April, the ECB has been assessing the ELA limit
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Newsletter 30 - 12/06/2015
Outflows test Greek banks ELA limit sees its highest weekly increase since mid-February... the emergency liquidity assistance (ELA) limit for Greek banks by 2.3 billion to 83 billion, the highest weekly... participants raised doubts about the central bank’s approach on Greek ELA availability ahead of its
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Eurosystem funding falls by 3.58 bln in September
EconomyMacroeconomymostly by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37 billion euros. European Central Bank (ECB) funding fell by 1.21 billion to 13.23 billion euros. ELA funding has fallen every... review. The reduction in ELA funding in September had largely been anticipated, as the ECB has been
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Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
EconomyMacroeconomymovement was driven by a drop in Emergency Liquidity Assistance (ELA) funding by 2.90 billion euros... billion euros. ELA funding has fallen every month this year except for February, when a marginal rise... as confidence in the conclusion of the programme grew. A fall in ELA funding had been anticipated
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