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Eurosystem funding drops by 2.80 bln in February, led by ELA reduction
EconomyMacroeconomy, the decline was driven largely by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37.... The majority of this fall (71.71 billion) comes from a lower reliance on ELA funding. The decline... banks’ EFSF holdings in the ECB’s quantitative easing (QE) programme, increased interbank repos
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Eurosystem funding down by 3.29 bln to 13.02 bln in July
EconomyMacroeconomy20.66 billion. The decline in July was driven by a fall in Emergency Liquidity Assistance (ELA... stemmed from the agreement of the third bailout programme. Following this, the majority of the fall... with the lower haircut applied on ELA collateral and participation of Greek banks’ EFSF holdings
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Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
EconomyMacroeconomy. The majority of August’s fall stemmed from a reduction in Emergency Liquidity Assistance (ELA... this, the majority of the fall (82.28 billion) originated from a lower reliance on ELA funding. The decline... banks’ EFSF holdings in the ECB’s quantitative easing (QE) programme. Interbank repos have also
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Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
EconomyMacroeconomyfall originates from a decline of 913 million in Emergency Liquidity Assistance (ELA) funding... the agreement of the third bailout programme. Following this, the majority of the fall (83.20 billion... haircut applied on ELA collateral and participation of Greek banks’ EFSF holdings in the ECB’s
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Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
EconomyMacroeconomythe total to 9.52 billion. The fall this month in Eurosystem funding reverses an increase in funding of 974... this, the majority of the fall (84.06 billion) originated from a lower reliance on ELA funding... of Greek banks’ EFSF holdings in the ECB’s quantitative easing (QE) programme. Interbank repos have
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Eurosystem funding falls by 625 mln in Mar, banknotes in circulation rise by 120 mln
EconomyMacroeconomya fall of 1.76 billion euros in ECB funding and 929 million in ELA funding. Eurosystem funding.... The majority of the fall (107.23 billion) originated from a lower reliance on ELA funding. The decline... banks’ EFSF holdings in the ECB’s quantitative easing (QE) programme. Interbank repos have also
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House of cards (The rise and fall of Akis Tsochatzopoulos)
![Photo by Can Esenbel [www.mundanepleasure.com]](resources/toolip/img-thumb/2013/10/15/acropolis_esenbel_900_1510-medium.jpg "Photo by Can Esenbel [www.mundanepleasure.com]")
AgoraIt was the house that did for him. Former Defense Minister Akis Tsochatzopoulos succumbed to the base desire of enshrining his wealth and potency in real estate. Hubris, however, blinded him to the dangers of choosing a property within a marble fragment...
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Fall in industrial production speeds up in October with 5.2 pct drop
EconomyMacroeconomyThe Industrial Production Index (IPI) took on a faster downward trend in October with a drop of 5.2 percent following a 1.3 percent decline recorded in September, according to the Hellenic Statistical Authority (ELSTAT). The October performance led 10-m...
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Narrowing of trade deficit slows in November as exports fall 22.5 pct
EconomyMacroeconomyGreece’s trade deficit narrowed 2.4 percent to 1.54 billion euros in November, while the respective 11-month figure fell 12 percent to 17.86 billion, according to the Hellenic Statistical Authority (ELSTAT). The change to November shows a continued dece...
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March fall for Greek industrial turnover is ninth in 15 months
EconomyMacroeconomyAfter a temporary stall in February, the Turnover Index in Industry resumed a negative trend in March easing by 1.1 percent, according to the Hellenic Statistical Authority (ELSTAT). The February reading was revised from a marginal drop of 0.1 percent t...
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