Search
-
ELA Funding, Balance, EUR billion
No image availableCharts13% -
ELA Funding, Month on Month Change, EUR billion
No image availableCharts13% -
Government focusses on security of energy supplies in light of Ukraine escalation
PoliticsGreek Politicsenergy supplies, with concerns about access routes to natural gas now added to the existing challenge... supplies tops the domestic agenda in Athens. Over recent weeks, the energy ministry and regulator RAE have... access to supplies. Officials, however, have been issuing reassurances, saying that the contingency
12% -
Greek banks less reliant on Eurosystem funding in September
EconomyMacroeconomyCentral 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
12% -
Greek banks’ reliance on Eurosystem fell by 2.36 bln in October
EconomyCentral 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
12% -
Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010
EconomyMacroeconomyLiquidity 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
12% -
Eurosystem funding for Greek banks shoots up by 11.2 bln in December
EconomyMacroeconomyLiquidity 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
12% -
Newsletter 19 - 13/03/2015
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
12% -
Referendum call finds Greek banks teetering on the edge
EconomyAssistance (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
12% -
Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agorareduced Emergency Liquidity Assistance (ELA) funding and improving deposit spread and mix. However, NII... rise in ELA funding, from zero in the second half of 2014 to a peak of 86.8 billion in June 2015... of the burden of ELA cost on banks, it is worth noting that the Bank of Greece (BOG) reported in its 2015
12%