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  1. Eurosystem funding falls by 716 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Emergency Liquidity Assistance (ELA) funding by 656 million euros to 9.56 billion, along... funding fell in May after having risen for two consecutive months. In recent months, ELA funding has been steadily falling, with the latest reduction coming on May 17, when the ECB announced that the ELA

    9%

  2. Eurosystem funding falls by 4.56 bln in June to 16.31 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Liquidity Assistance (ELA) funding which declined by 2.42 billion euros to 7.32 billion. In recent months, ELA funding has been steadily falling, with the latest reduction coming on July 12, when the ECB announced that the ELA ceiling for Greek banks would be reduced further by around 600 million euros

    9%

  3. Eurosystem funding down by 3.29 bln to 13.02 bln in July

    EconomyMacroeconomy

    20.66 billion. The decline in July was driven by a fall in Emergency Liquidity Assistance (ELA... at a milder rate by 809 million to stand at 8.18 billion. In recent months, ELA funding has been steadily falling, with the latest reduction coming on July 26, when the ECB announced that the ELA ceiling

    9%

  4. Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The majority of August’s fall stemmed from a reduction in Emergency Liquidity Assistance (ELA... at a much slower rate, dropping by 34 million euros MoM to 8.15 billion. In recent months, ELA... that the ELA ceiling for Greek banks would be reduced further by around 1.9 billion euros to 8.4

    9%

  5. 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%

  6. 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%

  7. 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%

  8. 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%

  9. 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%

  10. Greek banks' Eurosystem funding down for second month in a row in Feb

    EconomyMacroeconomy

    reflects a drop almost equally split between ELA funding (by 1.55 billion to 8.57 billion... (67.6 billion) since its peak at 135.60 billion in June 2012. The ELA mechanism was launched by BoG... of ELA funding passed the 100-billion-euro mark for the first time in February 2012 and remained

    9%