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  1. Podcast - DETH and taxes: The only things certain in Greek politics

    Agora

    of the Greek PM's announcements. Useful reading Greek Premier Offers €1.6 Billion Tax Cuts to Spur Middle

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  2. PMI drops to 52 pts in Sep as manufacturing sector continues to grow

    EconomyMacroeconomy

    quarter. Rates of growth softened but continued to spur greater employment and input buying”, commented

    9%

  3. Mitsotakis touts benefits of energy deals against backdrop of criticism
    Image: Chevron

    PoliticsGreek Politics

    a triumph of his administration, proving that it can spur economic growth by attracting large-scale

    9%

  4. Government bets on big energy headlines while pledging discipline at the pump
    Image: Chevron

    PoliticsGreek Politics

    a triumph of his administration, proving that it can spur economic growth by attracting large-scale

    9%

  5. Greek banks less reliant on Eurosystem funding in September

    EconomyMacroeconomy

    Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, dropped... movement reflects a drop in ELA funding by 2.7 billion euros at 8.96 billion and a rise in ECB... in the past and – to a lesser extent – deposit inflows. The ELA was launched in August 2011 as a lender

    9%

  6. Greek banks’ reliance on Eurosystem fell by 2.36 bln in October

    Economy

    Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, dropped... statement. Monthly movement reflects a drop in ELA funding by 1.0 billion euros at 7.95 billion... stalled in the past few months. The ELA mechanism was launched in August 2011 as a lender of last

    9%

  7. Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010

    EconomyMacroeconomy

    Liquidity Assistance (ELA) funding by 5.69 billion to just 2.88 billion, the lowest figure since the ELA launch in August 2011. At the same time, ECB funding also fell by 1.61 billion to 57.81 billion... 2012. The year to date decrease stands at 12.3 billion. The ELA mechanism was launched by BoG back

    9%

  8. Eurosystem funding for Greek banks shoots up by 11.2 bln in December

    EconomyMacroeconomy

    Liquidity Assistance (ELA) funding eliminated in May remained at just 1.1 million euros at the end...) submitted requests to BoG for resorting to the ELA mechanism for an amount of 5 billion euros. Local... at the end of November. ELA was initially launched by BoG in August 2011 as a last resort funding

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  9. Newsletter 19 - 13/03/2015

    Newsletters

    representing Greece's creditors. Eurosystem funding hits €100bn mark ELA now makes up 63 percent... importantly, the funding mix has dramatically changed with emergency liquidity assistance (ELA) now making up... figures show ELA funding reached 65.6 billion, with ECB funding at 38.6 billion. The difference

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  10. Referendum call finds Greek banks teetering on the edge
    Photo by MacroPolis

    Economy

    Assistance (ELA) funding from zero in December to 77.58 billion at the end of May. Taking into account.... Since then, the ECB governing council approved an increase in the ELA limit for Greek banks by 7.6... the amount of additional ELA approved. Greek banks had shown in their first-quarter results

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