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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomyattributed to a jump in the Emergency Liquidity Assistance (ELA) funding by 9.19 billion to 86.77... in the ELA funding in June is similar to the increase in the ELA limit as approved by the ECB... briefing last week. Note that the ECB had frozen the ELA limit for Greek bank as of June 26, when
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Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance
EconomyMacroeconomyreflects a decline in the Emergency Liquidity Assistance (ELA) funding for the third successive... bonds and T-Bills, previously used as collateral for ELA, to ECB funding in the wake... at the end of June 2015. The bulk of that drop stemmed from ELA funding, down by 35.32 billion
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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomy. However, the Emergency Liquidity Assistance (ELA) funding increased by 330 million in February.... ELA funding stood at 43.15 billion euros in February up from 42.81 billion in January, which represents the lowest reading since January 2015. The ECB decided to reduce the ELA ceiling for Greek
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Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb
EconomyMacroeconomyAssistance (ELA) funding by 775 million in March after a brief rise of 334 million in the previous... caused by the delay in the conclusion of the second programme review. ELA funding edged down to 42.37... uncertainty. Following a request by the BoG, the ECB decided to increase the ELA ceiling for Greek banks
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Eurosystem funding down by 535 mln in April, ELA falls for second straight month
EconomyMacroeconomya similar decline in both the Emergency Liquidity Assistance (ELA) and the ECB funding by 269 and 266 million euros respectively. Specifically, ELA funding was reduced for the second successive month... on March 23 to increase the ELA ceiling by 400 million euros to 46.6 billion for the first time since
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Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
EconomyMacroeconomywas entirely driven by a fall in Emergency Liquidity Assistance (ELA) funding by 1.50 billion euros... funding has increased. In recent months, ELA funding has been steadily falling, with the latest reduction coming on April 12, when the ECB announced that the ELA ceiling for Greek banks would be reduced
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Greek banks' ELA ceiling lowered by 1 bln on improved liquidity conditions
EconomyMacroeconomyThe Emergency Liquidity Assistance (ELA) ceiling for Greek banks further lowered by 1 billion... the provision of ELA to the banks of their country”. Until then, changes in the ELA limit were attributed to bank sources. Over the past seven weeks, the ELA limit for Greek banks has been lowered by a total
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ELA funding drops by 1.58 bln in Sept for third straight fall
EconomyMacroeconomyin September was split between a drop in the Emergency Liquidity Assistance (ELA) funding by 1.58 billion and a decrease in ECB funding by 1.09 billion. The change in ELA funding was expected after the ECB decided twice in September to reduce the ELA ceiling for Greek banks by 0.6 and 0.2 billion
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Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases
EconomyMacroeconomyin November is mostly due to a decrease in the Emergency Liquidity Assistance (ELA) funding by 5.3... increases, with the cash proceeds replacing the use of ELA funding. The ECB decided on December 3 to cut the ELA ceiling by 7.8 billion euros to 77.9 billion amid improving liquidity for Greek banks
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Eurosystem funding drops by 2.80 bln in February, led by ELA reduction
EconomyMacroeconomy, the decline was driven largely by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37... Bank (ECB) funding to 11.24 billion euros. In recent months, ELA funding has been steadily falling with the latest reduction coming on March 8, when the ECB announced that the ELA ceiling for Greek
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