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  1. Greece waits for tangible outcome from EU's symbolic backing over border crisis

    PoliticsGreek Politics

    is conducting a war by other means has helped spur many Greeks to rally around the flag, giving the sense

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  2. Podcast - DETH and taxes: The only things certain in Greek politics

    Agora

    of the Greek PM's announcements. Useful reading Greek Premier Offers €1.6 Billion Tax Cuts to Spur Middle

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  3. PMI drops to 52 pts in Sep as manufacturing sector continues to grow

    EconomyMacroeconomy

    quarter. Rates of growth softened but continued to spur greater employment and input buying”, commented

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  4. Banks' reliance on Eurosystem funding eases for seventh straight month in Nov

    EconomyMacroeconomy

    Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, marginally.... Monthly movement reflects an increase in ELA funding by 1.46 billion euros to 9.42 billion and a drop..., while deposit inflows have stalled in the past few months. The ELA mechanism was launched

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  5. Greek banks' reliance on Eurosystem funding rose in December for first time since April

    EconomyMacroeconomy

    Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, rose... - for the first time since April 2013 - reflects a marginal increase in ELA funding by 0.37 billion... the end of 2012 and 46 percent (62.6 billion) since its peak in June 2012. The ELA mechanism was launched

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  6. Eurosystem funding for Greek banks eases by 2.18 bln in January

    EconomyMacroeconomy

    from the European Central Bank (ECB) and the BoG Emergency Liquidity Assistance (ELA) mechanism stood... the increase of 2.55 billion recorded in December. In contrast, the ELA funding marginally rose... the ELA mechanism in August 2011 as a lender of last resort to facilitate Greek banks’ access

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  7. Greek Eurosystem funding up by 2.9 bln in March, reaches total of 107.1 bln

    EconomyMacroeconomy

    Assistance (ELA) funding by 2.87 billion to 68.51 billion. This was the highest reading since December 2012. The monthly increase in the ELA funding most likely reflects an equal amount of deposit... that Greek banks can still place with the ECB for liquidity purposes. The jump of ELA funding above

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  8. Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall

    EconomyMacroeconomy

    Bank funding is attributed to a decline in both the ECB and the Emergency Liquidity Assistance (ELA..., when the third eurozone bailout programme was agreed. Meanwhile, ELA funding edged down to 45.04... securities and lower haircut applied on ELA collateral coupled with participation of Greek banks

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  9. Eurosystem funding rises by 786 mln in December, banknotes in circulation rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2015. The monthly movement was driven by an increase in Emergency Liquidity Assistance (ELA) funding... in European Central Bank (ECB) funding to 12.06 billion euros. December’s rise in ELA funding... as confidence in the conclusion of the programme grew. In recent months, ELA funding has been steadily

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  10. Banks try to build on growing confidence

    EconomyBanking

    on central bank funding and emergency liquidity assistance (ELA) is also declining steadily, which... on July 26 that the ECB had lowered the ELA ceiling for Greek banks to 8.4 billion. In its latest..., which fell by 2.32 billion to 8.99 billion euros, and Emergency Liquidity Assistance (ELA) funding which

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