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  1. 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

    8%

  2. Eurosystem funding drops by another 2.8 bln to 101.4 bln in March
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Liquidity Assistance (ELA) and the ECB funding. It is largely attributed to replacement of both funding sources by interbank repos, according to market sources. ELA funding declined for the fifth straight... mix remained unchanged, with ELA funding making up 65 percent of the total. It is worth noting

    8%

  3. Eurosystem funding falls 8.6 bln in June in aftermath of waiver reinstatement
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    from a drop in the Emergency Liquidity Assistance (ELA) funding by 10.44 billion euros, partly offset...) programme and - to a lesser extent - ongoing loan deleveraging. ELA funding landed at 54.37 billion... billion euros, reflecting a drop in ELA and ECB funding by 32.4 and 7.03 billion respectively. Following

    8%

  4. Eurosystem funding falls by another 4.4 bln in August
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    largely stems from a decrease in Emergency Liquidity Assistance (ELA) funding, which declined by 2.55... repos, according to market sources. It is worth noting that the ELA funding has been trimmed... government securities, the lower haircut applied to ELA collateral, the participation of Greek banks

    8%

  5. September drop of 3.1 bln is 15th straight month of decline in Eurosystem funding
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    at 56.04 billion. The recorded drop reflects a decline in both ECB and Emergency Liquidity Assistance (ELA... to market sources. ELA funding landed at 47.56 billion euros in September. It has been trimmed by 39.21..., lower haircut applied on ELA collateral and participation of Greek banks’ EFSF holdings in the ECB’s

    8%

  6. In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    to a reduction in both the ECB and the Emergency Liquidity Assistance (ELA) funding by 2.24 and 1.29 billion.... At the same time, ELA funding narrowed to 46.27 billion euros, while has been reduced by 40.6 billion... of reinstatement of waiver on Greek government securities and lower haircut applied on ELA collateral

    8%

  7. Eurosystem funding drops at sharper pace of 3.6 bln in Jan
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    time, Emergency Liquidity Assistance (ELA) funding dropped for the ninth straight month, albeit... billion euros, of which more than two thirds (44 billion) relates to lower ELA funding... applied on ELA collateral, participation of Greek banks’ EFSF holdings to ECB quantitative easing (QE

    8%

  8. Eurosystem funding decline picks up pace to 3.26 bln in April

    EconomyMacroeconomy

    . The decline was entirely driven by a fall in Emergency Liquidity Assistance (ELA) funding by 3.34... 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

    8%

  9. Athens encounters problem in effort to foster Greek-Albanian talks
    Photo via @ditmirbushati

    PoliticsGreek Politics

    a dialogue on bilateral differences. Wednesday's statement also notes that Athens has not tabled... that Athens has agreed to discuss along with other bilateral matters the “Cham issue.” He has also said..., Kotzias admitted that he initiated the creation of a mechanism to solve bilateral issues but added

    8%

  10. Saving Angela Merkel with the help of Alexis Tsipras

    Agora

    in the early hours of the Brussels meeting to praise two bilateral agreements that had been reached between... immediately be brought to an airport and flown back to either Spain or Greece. Can such a bilateral..., the implementation of the new bilateral agreement between Greece and Germany on registered asylum seekers

    8%