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  1. OECD's latest outlook sees stable growth, rising inflation
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    are critical for sustaining the rapid reduction of public debt, which is expected to fall to 129.8

    6%

  2. Fuels prompt sharp drop of 25.2% in April trade deficit
    Image via www.helpe.gr

    EconomyMacroeconomy

    Greece’s trade deficit fell sharply in April with a 25.2 percent year-on-year (YoY) drop, after an equally sharp fall of 30.5 percent in March, according to data released by ELSTAT on Monday. The deficit came to 2.16 billion euros for April. Imports totalled 7.35 billion euros, up by just 9.6

    6%

  3. Bank of Greece outlines challenges to SME funding, gaps in knowledge
    Photo by MacroPolis

    EconomyFeatures

    The Bank of Greece (BoG)’s December 2018 economic bulletin laid out some of the funding challenges... factoring the state of the economy and banking sector. The findings showed that firm size... been more active in requesting financing. Funding constraints were also found to be linked

    5%

  4. Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace... bank funding slipped to 106.09 billion euros in January from 107.51 billion in December... entirely reflects a decline in ECB funding by 1.35 billion euros. This movement follows a rise by 2.68

    5%

  5. Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding continued heading south for the thirteenth month in a row in July... (BoG) monthly financial statement showed on Thursday. As a result, central bank funding fell... reflects a decline in the Emergency Liquidity Assistance (ELA) funding for the third successive

    5%

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

    EconomyMacroeconomy

    Following a brief rise in December, Greek banks’ Eurosystem funding resumed its downward trend... statement. The aggregate figure of Central Bank funding, the combined liquidity Greek banks have received... mainly stems from a decrease in ECB funding by 2.51 billion to 60.72 billion euros fully reversing

    5%

  7. Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since.... The monthly movement largely reflects a decline of the ECB funding by 8.18 billion euros to 50.66 billion. In addition, the Emergency Liquidity Assistance (ELA) funding was eliminated at just 3.6 million

    5%

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

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding, the combined liquidity they have received from the European.... Monthly movement reflects an increase in ELA funding by 1.46 billion euros to 9.42 billion and a drop in ECB funding by 1.80 billion to 60.68 billion. The outstanding balance stood at 70.09 billion euros

    5%

  9. Greek banks less reliant on Eurosystem funding in September

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding, the combined liquidity they have received from the European... movement reflects a drop in ELA funding by 2.7 billion euros at 8.96 billion and a rise in ECB funding by 1.4 billion at 63.82 billion. The outstanding balance stood at 72.78 billion euros at the end

    5%

  10. Eurosystem funding down by 535 mln in April, ELA falls for second straight month
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding continued heading south for the 22nd straight month, albeit... financial statement revealed on Thursday. As a result, the balance of central bank funding fell further... a similar decline in both the Emergency Liquidity Assistance (ELA) and the ECB funding by 269

    5%