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  1. Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
    Photo by MacroPolis

    EconomyMacroeconomy

    fall originates from a decline of 913 million in Emergency Liquidity Assistance (ELA) funding... dropping for four consecutive months. In recent months, ELA funding has been steadily falling, with the latest reduction coming on October 10, when the ECB announced that the ELA ceiling for Greek banks

    9%

  2. Eurosystem funding rises to 13.2 bln in October, banknotes up for third month
    Photo by MacroPolis

    EconomyMacroeconomy

    ’s figure was driven by a very slight decline of 6 million in Emergency Liquidity Assistance (ELA... marks the first increase in Eurosystem funding since December 2017. In recent months, ELA funding... that the ELA ceiling for Greek banks would be reduced further by around 100 million euros to 4.9

    9%

  3. Eurosystem funding rises by 64.9 mln in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Bank (ECB) funding, bringing the total to 8.67 billion euros, while Emergency Liquidity Assistance (ELA... the publication of its regular ELA-ceiling bulletin as the amount had fallen below 2 billion euros. In March, it was also revealed that Greece’s four systemic banks had fully eliminated ELA funding from

    9%

  4. Eurosystem funding drops by 464.8 mln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    Emergency Liquidity Assistance (ELA) stood at 1.8 million euros. In January, the BoG had announced that it would discontinue the publication of its regular ELA-ceiling bulletin as the amount had... eliminated ELA funding from their balance sheets. Compared to August 2018, Eurosystem funding

    9%

  5. Eurosystem funding drops by 699.8 mln in September
    Photo by MacroPolis

    EconomyMacroeconomy

    euros, while Emergency Liquidity Assistance (ELA) stood at 1.9 million euros. In January, the BoG had announced that it would discontinue the publication of its regular ELA-ceiling bulletin as the amount... had fully eliminated ELA funding from their balance sheets. Compared to September 2018, Eurosystem

    9%

  6. Warning signs for coalition after majority trimmed in multi-bill vote

    PoliticsGreek Politics

    the SYRIZA and Independent Greeks (ANEL) parliamentary groups respectively. As we flagged earlier in the day, SYRIZA’s Stathis Panagoulis abstained from the vote and ANEL’s Nikos Nikolopoulos voted... that has been largely alien to him now; that of the enforcer. His coalition partner, ANEL leader Panos

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  7. Coalition crisis on hold as Kammenos eases up

    PoliticsGreek Politics

    . Defence Minister Panos Kammenos, who also leads the junior coalition partner Independent Greeks (ANEL... soften his stance when he denied that he had demanded that Tsipras should dismiss Mouzalas. The ANEL..., for Tsipras to take a decision. His demeanour after the meeting of ANEL's parliamentary group on Thursday

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  8. SYRIZA tests PASOK waters with talk of possible alliance
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Greeks (ANEL) have been accompanied by a revival of the effort to explore the idea of Alexis Tsipras’s party working with PASOK in the future. Defence Minister Panos Kammenos, who leads ANEL, intervened... SYRIZA that perhaps the alliance between the leftists and the right-wing nationalists of ANEL has run its

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  9. Tsipras focussed on MoU exit in 2018 but will have to avoid pitfalls
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the junior coalition partner Independent Greeks (ANEL), suggesting that he would not support any... that it will not support any solution that does not have ANEL’s backing and arguing that the government will have... because it has the trust of the SYRIZA and ANEL parliamentary groups,” said New Democracy

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  10. Coalition braces for Sunday demo, ponders impact on cooperation
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ’s partner, Independent Greeks (ANEL), is backing the demonstration and continues to reject the use... Minister Panos Kammenos. The friction between SYRIZA and ANEL is visible, particularly with the verbal... been suggestions from some ANEL deputies that the party might withdraw from the coalition

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