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Eurosystem funding falls by 1.9 bln in Dec, down by 60 bln since July 2015
EconomyMacroeconomyin Central Bank funding in December mostly reflects a drop in the Emergency Liquidity Assistance (ELA... from the previous month with ELA funding making up around two thirds of the total central bank funding
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Newsletter 106 - 10/02/2017
is the main prize as the detailing of the medium-term measures should be enough for the European Central... since March 2015, while has dropped by almost 1.5 billion during 2016. Meanwhile, the central
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Newsletter 107 - 17/02/2017
that is considered enough to allow Greek bonds into the European Central Bank’s QE programme. This would... the country’s regions, with the biggest increase recorded in Central Greece (+18.2 percent), while
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BoG sees chance of normality returning if review concludes swiftly
EconomyMacroeconomyinto uncertainty and stagnation, while Greece’s relations with its creditors will deteriorate. The central bank... not incur the prescribed sanctions, BoG stresses. Therefore, the central bank concludes
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Newsletter 109 - 03/03/2017
, central bank funding hits lowest level since late 2014 Monthly drop largely reflects a marked decline... monthly financial statement. As a result, central bank funding hit 63.01 billion, its lowest level
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Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
EconomyMacroeconomyDuring a speech at the Delphi Economic Forum on Saturday, Bank of Greece (BoG) governor Yannis Stournaras presented the outcome of an exercise conducted by the central bank showing that mild debt... sustainability. The central bank governor noted that the premise of the exercise was to create proposals
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The scenarios ahead for Greece as review hangs in balance
PoliticsGreek Politicsof growth to the Greek economy as well as access to the European Central Bank’s quantitative easing... markets, are unacceptable or will not be approved by SYRIZA’s central committee and MPs because
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After raising labour concerns, back to grind of talks for Tsipras
PoliticsGreek Politicsthrough SYRIZA’s central committee before it goes to Parliament. Tsipras believes that his loyalists form... that government MPs will rebel if SYRIZA’s central committee has already approved the agreement. However
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Outline deal clinched at Eurogroup, focus now moves to Athens
PoliticsGreek Politicsemphasised by European Central Bank executive board member Benoit Coeure, who also took part... agreement on Sunday, when SYRIZA’s central committee is due to meet to assess the deal. Tsipras has
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Newsletter 118 - 12/05/2017
of the Bank of Greece. The central bank, local lenders and the institutions are said to oppose this method... revealed. As a result, the balance of central bank funding declined further to 59.15 billion
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