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Newsletter 88 - 16/09/2016
liquidity assistance (ELA) and ECB funding, which fell by 2.55 and 1.83 billion, respectively. Market... billion. Three-quarters of this decline stems from lower dependence on ELA and the remaining quarter... level since December 2014. The decline in August is mostly due to a decrease in ELA funding, which
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingEmergency Liquidity Assistance (ELA) reliance and the calendar effect. Funding costs were down by 25 million... to TLTRO-II, and 6 million from reduced ELA costs. On the asset side, lower average loan balances.... Specifically, Emergency Liquidity Assistance (ELA) funding was reduced from 4.8 billion in Q1 to 2.5
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Newsletter 211 -21/06/2019
their dependency on emergency financing from the central bank (ELA), a sign of normalisation in funding... industrial groupings. Eurosystem funding drops by 399 mln in May Figure for ELA collateral falls to zero... in Emergency Liquidity Assistance (ELA). Compared to May 2018, Eurosystem funding declined by a total
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingfrom the elimination of ELA funding in July 2018 and covered bonds eligibility for ECB use... noted that interest expense was also favourably impacted YoY on the back of ELA elimination... billion at the end of Q2 2019, down by 14.8 billion YoY. The bank fully eliminated ELA funding
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Between the sword and the olive branch: Dilemmas of Greek diplomacy
Agoraits own Exclusive Economic Zone (EEZ), just as Cyprus did after bilateral agreements with Israel... binding factor for the two sides, may end up driving them further apart. Nicosia is committed to sharing
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Erdogan visit leaves Athens with much to ponder, no visible signs of progress
PoliticsForeign PolicyDifferences also remain on the Cyprus issue, which is not a bilateral matter but both countries are still... new, as talks on CBMs date back to 1988, when there was a binding agreement between the then-foreign
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Newsletter 184 -23/11/2018
), special purpose and bilateral loans (-120.8 million) and loans held by the BoG (-0.72 million... binding offers while 1.18 billion is envisaged from new projects and bidding rounds expected
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Mitsotakis-Erdogan meeting scheduled as Athens and Ankara eye quieter summer
PoliticsForeign Policynine months, Greece and Turkey went through their worst bilateral crisis in years before a de..., in order to reach a legally binding and viable solution,” Dendias said on Friday. Nikos Dendias
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Athens sees multiple defence, geopolitical benefits in pact with France
PoliticsForeign Policya five-year term contract with Washington confirming “the powerful framework of bilateral co-operation... sides to the negotiating table to resolve their differences, or to agree to binding international
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agoraas well as binding long-term energy supply agreements. The EU has been promoting formal engagements such as the Vienna-based Energy Initiative, as well as encouraging bilateral ties, with the aim of ending
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