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  1. Newsletter 81 - 08/07/2016

    Newsletters

    in 2016. The Bank of Greece said on Thursday that the ECB lowered the ELA ceiling for Greek banks...). The recorded drop reflects a rise in the number of employed by 25,600 from the previous month and a drop in the number of jobless by 21,000. The primary cash surplus markedly widened to 2.5 billion

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  2. Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity

    EconomyMacroeconomy

    the largest drop since February this year. As a result, central bank funding landed at 54.25... as the ECB announced on June 8 that the ELA ceiling for Greek banks would be reduced further by 1.1... by 12.36 billion, mainly reflecting a drop in ECB funding by 6.63 billion, as Greek banks replaced

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  3. Newsletter 130 - 04/08/2017

    Newsletters

    , a Supreme Court prosecutor ordered a second review of the decision to drop the investigation... fell by 3.42 billion in June to end the month to 52.03 billion. The drop is entirely attributable... announced that the European Central Bank lowered the ELA ceiling for Greek banks by a further 1.6

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  4. Newsletter 131 - 8/9/2017

    Newsletters

    by BoG that the ECB had approved the lowering of the ELA ceiling for Greek banks by 5 billion euros..., the jobless rate has been reduced by 2.3 percentage points (pp) on the back of a drop in the number... Statistical Authority (ELSTAT) data showed. The increase was driven by a drop in exports in absolute

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  5. Newsletter 197 -8/03/2019

    Newsletters

    the ceiling would be set at 65,000 euros. According to reports this week, the institutions want... euros. Naftemporiki daily reported that this threshold may drop dramatically to be in line... was driven largely by a drop of 1.76 billion in Emergency Liquidity Assistance (ELA) funding to around 947.5

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  6. Eurosystem funding falls by 625 mln in Mar, banknotes in circulation rise by 120 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , staying below 10 billion for a third consecutive month. March’s figure was driven largely by a drop of 550 million euros in European Central Bank (ECB) funding, along with a smaller drop of 75 million euros... the publication of its regular ELA-ceiling bulletin as the level had fallen below 2 billion euros. The total

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  7. Drop in Greek CPI decelerated to 1.1 pct in September

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) remained on negative ground in September, easing by 1.1 percent compared to a 1.3-percent drop recorded in August. On a monthly basis, CPI rose by 2.6 percent... (down 4.1 percent). Furthermore, the drop in household equipment, health, transport and recreation

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  8. Drop in Greek industry's turnover index slowed to 4.1 pct in Jan

    Economy

    The drop in Turnover Index in Industry decelerated to 4.1 percent in January from a double-digit decline in the preceding three months, according to the Hellenic Statistical Authority (ELSTAT... drop (-13.7%) for the non-eurozone countries, which more than offset a rebound in the turnover

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  9. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    billion euros at the end of May from 5.23 billion at the end of April, implying a modest drop of 1.8.... The recorded drop mainly reflects a reduction in the guarantees related to the Emergency Liquidity

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  10. Central gov't cash surplus rises to €3 bln in October despite drop in revenues

    EconomyMacroeconomy

    to 38.39 billion euros, decelerating from the 9-month rise of 5.3 percent. This reflects a sharp drop...-off item, the underlying BoG figure shows a drop of 2.4 percent to 37.08 billion. Compared

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