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  1. Newsletter 170 -13/07/2018

    Newsletters

    billion to 8.99 billion euros, and Emergency Liquidity Assistance (ELA) funding which declined... billion) originated from a lower reliance on ELA funding. For a third consecutive month, ECB funding... by 0.8 percent in 2018. Eurosystem funding falls by 4.56 bln in June Figure stands at 16.31 bln

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  2. Newsletter 157 -30/03/2018

    Newsletters

    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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  3. Newsletter 203 -15/04/2019

    Newsletters

    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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  4. Newsletter 220 -20/09/2019

    Newsletters

    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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  5. Newsletter 152 -23/02/2018

    Newsletters

    in special purpose and bilateral loans, and a 601 million euro rise in financial support mechanism... (GLF) bilateral loans from the first programme. An additional 130.9 billion relate to the second... investigation, such as asking for the opening of bank accounts. Once its findings are published, Parliament

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  6. Newsletter 109 - 03/03/2017

    Newsletters

    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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  7. Newsletter 155 -16/03/2018

    Newsletters

    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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  8. Newsletter 187 -14/12/2018

    Newsletters

    . 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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  9. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    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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  10. Newsletter 148 -26/01/2018

    Newsletters

    . The monthly movement was driven by an increase in Emergency Liquidity Assistance (ELA) funding by 1.76... Central Bank (ECB) funding to 12.06 billion euros. December’s rise in ELA funding was the second time.... Eurosystem funding up by 786 mln in December Rise driven mainly by an increase in Emergency

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