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  1. Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    time, Greek banks’ reliance on Eurosystem funding slipped for the second straight month by 1.23... Assistance (ELA) funding to 83.95 billion at the end of August. Over the past four weeks, the ECB

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  2. Overhaul of energy market among tasks looming for government

    EconomyProgramme

    efficiency making best use of EU funds, international official funding and private funding. Moreover

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  3. Greek banks' ELA ceiling lowered by 1 bln on improved liquidity conditions
    Bank of Greece

    EconomyMacroeconomy

    outflows of 7.58 billion, of which almost 70 percent were in the form of cash. Greek banks’ ELA funding... August coupled with non-eligibility of government-guaranteed securities for ECB funding as well as non

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  4. Piraeus Q3 trading update shows significant acceleration in NPL formation
    Photo by MacroPolis

    EconomyBanking

    a slighter drop by 0.9 percent to 63.3 billion. In contrast to the deposit decline, Eurosystem funding... (ELA) funding slipping by 1 billion to 21.2 billion. The new time deposit rate further fell by 64

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  5. Latest EU plan to tackle refugee crises poses new, bigger challenges for Tsipras

    PoliticsForeign Policy

    Commission later said that an additional 5.9 million euros in emergency funding had been approved for Greece. Although this is unlikely to be the last of the emergency funding Greece will receive

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  6. In Erdogan's shadow
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    Agora

    billion euros in extra funding for Turkey and a visa liberalisation scheme, Brussels was reportedly... obstacles. Also there is the matter of the committee to handle some 400 million euros in EU funding

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  7. NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
    Photo by MacroPolis

    EconomyBanking

    of the Eurosystem funding by 2 billion euros QoQ fully attributed to lower Emergency Liquidity Assistance (ELA) funding. The Common Equity Tier 1 (CET1) ratio remained almost stable QoQ at 9.6 percent

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  8. Deposit flow remains negative for the second straight month with outflows of 390 mln in November

    EconomyMacroeconomy

    ’ Eurosystem funding dropped by almost 6 billion to 113.41 billion in November. Overall, Central Bank funding has fallen by 13.17 billion since July reflecting the reduction of uncertainty, stabilisation

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  9. Greece stands on fault line between vicious and virtuous cycles for 2016

    Agora

    government with little choice but to start scraping the bottom of the funding barrel very early... surplus leads to a net financing need of 3 billion. The most probable source of funding while

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  10. Obstacles to centre-left alliance in Greek politics piling up
    Photo by MacroPolis

    PoliticsGreek Politics

    conservatives. The structure of any new alliance also raises the issue of party funding. Scrapping the existing parties and creating a new coalition would mean that PASOK and Potami lose the state funding

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