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Deposits edge down to 123.5 bln in September on outflows of 379 mln
EconomyMacroeconomyto the end-2015 figure. BoG earlier data also showed that Greek banks’ Eurosystem funding dropped by 3.15... funding by 1.82 billion to 27.75 billion coupled with a decline in Emergency Liquidity Assistance (ELA) funding by 1.33 billion to 46.56 billion. Over the past four months, after the completion
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Moody’s changes outlook for Greek banks from negative to stable
EconomyBankingon the back of improving profitability and funding, which are expected to normalise from a very weak..., largely due to significantly lower impairment losses, reduced funding costs and contained operating... their reliance on the Emergency Liquidity Assistance (ELA) funding, Greek banks are expected to continue
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Deposits rise to 124.6 bln in Oct on inflows of 1 bln
EconomyMacroeconomyweeks ago that Greek banks’ Eurosystem funding fell by another 3.53 billion euros to 71.78 billion at the end of October. The monthly movement reflects a reduction in ECB funding by 2.24 billion to 25.51 billion and a decline in the Emergency Liquidity Assistance (ELA) funding by 1.29 billion
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Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
EconomyMacroeconomybanks’ Eurosystem funding declined by another 1.87 billion in December and landed at 66.62 billion, its... Assistance (ELA) funding by 1.37 billion, while ECB funding posted a smaller drop by 500 million. Overall, Eurosystem funding has declined by 60 billion euros since the July 2015 attributed
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Review talks focus on out-of-court workout, jobs scheme and energy market
EconomyProgrammeof that programme relates to its funding, which was not discussed at Thursday’s meeting. Government sources noted after February 20 Eurogroup that the programme’s funding was estimated at around 3 billion euros... with the World Bank regarding the funding and technical expertise needed for this programme
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SYRIZA holds fire as Eurogroup expectations continue to be lowered
PoliticsGreek Politicsif the International Monetary Fund (IMF) does not join the Greek programme with funding but did not suggest... commit funding to the Greek programme once the debt relief measures are settled. This indicates... the table on June 15 satisfied enough to join the programme once more with funding. The report also
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Greece gets bigger tranche from Eurogroup but Tsipras misses other key targets
PoliticsGreek Politicson debt relief measures in order to immediately join the Greek programme with new funding. Greece’s... “following the review of the national cohesion policy funding envelopes for the period from 2017–2020... of a 14-month Stand-by Agreement but stated clearly that no funding would be released until
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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agorareceived extensive state-to-state funding from a variety of state-owned Chinese banks. The third... a network along the Balkan Silk Road. Equity funding is slowly gaining ground, notably in Greece and Serbia... in the region to diversify their funding capacity beyond Europe. A banking footprint is gradually being
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Newsletter 144 -15/12/2017
banks’ Eurosystem funding fell by an additional 4.46 billion euros in November according to the Bank of Greece's (BoG) monthly financial statement. The reduction led central bank funding to stand at 32.88... was driven by a drop in Emergency Liquidity Assistance (ELA) funding by 2.90 billion euros to 19.85 billion
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Check, please: How much Alexis Tsipras's first months cost Greece
Agorato a significant funding and liquidity squeeze for his government. The Finance Ministry had to postpone or delay a large part of non-payroll costs from March 2015 to cover its imminent external funding... funding, they dropped back to 3 billion euros at the end of 2014. By July 2015, arrears had reached
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