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Newsletter 157 -30/03/2018
month, the decline was driven largely by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37... showed that ELA funding made up around 57.3 percent of the total liquidity. The BoG figures also.... Eurosystem funding drops by 2.80 bln in Feb Emergency Liquidity Assistance decline leads drop
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Newsletter 203 -15/04/2019
in Emergency Liquidity Assistance (ELA). ECB funding in March came to 8.36 billion euros, along with 19 million in ELA funding. The BoG figures also revealed that banknotes in circulation rose by 12..., lower social security contributions for the self-employed and the funding for the rent subsidy
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Newsletter 220 -20/09/2019
Liquidity Assistance (ELA) stood at 1.8 million euros. Compared to August 2018, Eurosystem funding declined by a total of 4.43 billion euros. This stems largely from ELA funding daaling by 4.49 billion... Eurosystem funding drops by 464.8 mln Central bank funding comes to 8.21 billion Greek banks’ Eurosystem
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Newsletter 109 - 03/03/2017
thirds relates to lower ELA funding. This is mainly attributed to the reinstatement of the waiver on Greek government securities and lower haircut applied on ELA collateral, the participation of Greek... by a negative flow of 1.12 billion. Faster fall in Eurosystem funding in January At 63.01 bln
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Newsletter 155 -16/03/2018
for the month showed that ELA funding made up around 59.9 percent of the total liquidity. The BoG figures... 2017. The monthly movement was driven largely by a fall in Emergency Liquidity Assistance (ELA... percent. Eurosystem funding drops by 4.58 bln in Jan Banknotes in circulation fall after rising
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Newsletter 187 -14/12/2018
. November’s figure was driven by a drop of 859 million in Emergency Liquidity Assistance (ELA) funding..., reducing their ELA and that deposits are returning,” added the finance minister. Also this week.... Eurosystem funding falls by 978 mln in Nov Banknotes in circulation increase for fourth consecutive month
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Piraeus Bank posts net profit of 185 mln in 2018
EconomyBanking. Furthermore, the gradual reduction of reliance on ELA funding also had a positive impact on quarterly... loans, with ELA funding having been fully eliminated. The bank noted that funding had been... loan disbursements at spreads higher than the back book and reduced funding costs. Deposits also
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek Politics. The move allows for bilateral agreements, such as those emerging between Austria and neighbouring... states. Bilateral travel agreements are one of the main planks of Greece’s post-pandemic tourism strategy... and protective measures. While the guidance issued was non-binding, it sets the baseline for member-states
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Greece and Turkey go into new round of exploratory talks with trust at a premium
PoliticsForeign PolicyAfter months of bilateral tension over maritime borders and gas exploration rights, Turkish... opposition But this determination of Prime Minister Mitsotakis to resort to The Hague if bilateral..., and these talks are not binding for either side. He also said that there are no common records of these meetings
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign Policy, to negotiate with Turkey the only bilateral difference [between the two countries], always according... historic ties with Greece and improving bilateral relations. Referring to the trilateral meetings... no right to sign any binding agreement. According to Kathimerini’s story on Sunday, Mitsotakis
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