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Tsipras remains sketchy on coalition options, negotiating positions
PoliticsGreek PoliticsEmergency Liquidity Assistance (ELA) scheme. “Today Greek banks refinance their loans from the Eurosystem
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomy) The elimination of the Emergency Liquidity Assistance (ELA) guarantees from 9.79 billion in December to zero
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Greek banks' Eurosystem funding rises again in November, up by 1 bln
EconomyMacroeconomy. The Emergency Liquidity Assistance (ELA) funding, which was eliminated since May, remains almost at zero levels
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Snap elections in Greece bring state's liquidity constraints into focus
EconomyGeneral Council is required. Otherwise, Greek banks would have to resort to the Emergency Liquidity
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General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln
EconomyMacroeconomyguarantees by more 12 billion to 36.05 billion. 2) The elimination of the Emergency Liquidity
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SYRIZA looking for six-month breather from troika
PoliticsGreek Politicsand covered bonds. Emergency Liquidity Assistance as a last resort for a few months. Note though
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Funding needs take centre stage in row between New Democracy and SYRIZA
Economy, Greek banks could resort to the Emergency Liquidity Assistance (ELA) mechanism of Bank of Greece (BoG
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SYRIZA hits back in funding row, says it could issue T-bills and use repos
Economyto cover the additional T-Bill issues rather than resorting to the more expensive Emergency
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Greek banks set for early ELA return in apparent precautionary move
EconomyKathimerιni daily revealed on Friday that two of the four systemic banks have submitted requests to the Bank of Greece (BoG) for raising liquidity of 5 billion euros through the Emergency Liquidity Mechanism (ELA), while the other two are expected to follow suit in the coming days. Banking sources
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Newsletter 11 - 16/01/2015
Emergency Liquidity Mechanism (ELA) at a higher cost. This would lead to corporate and household loan
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