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  1. Greek primary cash surplus more than doubles to 2.45 bln at end of August

    EconomyMacroeconomy

    to cover short-term funding gaps. The year to date change in the long-term loans mainly stems from.... This development follows Greek banks’ zero reliance on ELA funding as of May. b) A decline in bank support scheme

    2%
  2. Managing an orderly Greek exit from the memorandum
    Photo by MacroPolis

    Agora

    of the International Monetary Fund from the current funding programme. The IMF part of the second... line (PCL). The PCL is a contingent or emergency funding facility. It forms part of the IMF’s toolbox

    2%
  3. Eurobank reports loss of 186.6 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    time, remaining the second lowest in the domestic market following that of NBG. ECB funding dropped... on the Greek government bonds (GGBs) used for Eurosystem funding purposes. The bank’s Common Equity Tier

    2%
  4. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    and reflect intra-government funding related to cash reserves of the gg bodies for which the Public... banks’ zero reliance on ELA funding as of May. b) A reduction in the bank support scheme guarantees

    2%
  5. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    at the beginning of next year, Greek banks may not have access to ECB funding but resort only to Emergency Liquidity Assistance (ELA). Greek banks have eliminated the more expensive ELA funding since last May

    2%
  6. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    in September. Short-term loans relate to intra-government funding via the cash reserves of the gg... as of June. That development reflected Greek banks’ zero reliance on ELA funding as of May

    2%
  7. 2014 is not 2012
    Photo by MacroPolis

    Agora

    crisis with eurosystem funding of 20.6 billion euros in October 2008, one month after the collapse... eurosystem funding is 12.1 percent of the combined 346.4-billion-euro balance sheets of the four

    2%
  8. Conditions for Greek ECCL reportedly outlined in German document
    Photo by MacroPolis

    EconomyProgramme

    that Greece’s funding needs for 2015 range between 6 and 12 billion euros. This means that the 10.9 billion could cover more than 90 percent of the upper-end of the anticipated funding gap. Reports

    2%
  9. Greek deposits almost unchanged at 164.3 bln in November

    EconomyMacroeconomy

    funding by more than 28 billion euros in the year to date. This development followed the capital... in the first half of the year and is also attributed to replacement of ECB funding by interbank lending

    2%
  10. How SYRIZA says it will fund its economic policies
    Photo by MacroPolis

    Economy

    the funding of the 3-pillar programme initially revealed at the International Trade Fair (ITF... by the following four funding sources: 1) Utilization of the Hellenic Financial Stability Fund (HFSF) capital

    2%