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  1. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    in the expenditure ceiling for military spending (500 million) 3) Pension reforms (484 million) 4

    12%
  2. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    the ECB decided twice in September to reduce the ELA ceiling for Greek banks by 0.6 and 0.2 billion

    12%
  3. Greek shares up for the third straight week on strong performance from banks

    Economy

    on Thursday Greek banks’ Emergency Liquidity Assistance (ELA) ceiling for the fifth straight time by 1 billion

    12%
  4. Banking system showed deposit inflows for second straight month, at 531 mln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    August 18, the ECB Governing Council decided to reduce the ELA ceiling for Greek banks five times

    12%
  5. Newsletter 51 - 12/11/2015

    Newsletters

    as the ceiling. The government has agonised over this decision as it knows that it will be one of the few

    12%
  6. Eurosystem funding down by 2 bln in Oct for fourth straight fall

    EconomyMacroeconomy

    ’ ELA ceiling was cut twice by the ECB (on September 3 and 17) and by 1 billion euros each time

    12%
  7. Deposit flow turns negative with outflows of 681 mln in Oct

    EconomyMacroeconomy

    ) with eurozone partners in mid-August, the ECB Governing Council decided to reduce the ELA ceiling for Greek

    12%
  8. Multi-bill tabled in Parliament, paves way for sale of NPLs

    EconomyProgramme

    , the relevant cost ceiling is set at 570 million euros for 2016 and will be lowered by 20 million per annum

    12%
  9. Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity

    Economy

    the Emergency Liquidity Assistance (ELA) ceiling for Greek bank by another 2.1 billion to 75.8 billion

    12%
  10. Newsletter 59 - 22/01/2016

    Newsletters

    ceiling than the one contained in the government’s initial proposal. At the same time, farmers

    12%