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  1. Deposits edge up to 124.8 bln in Nov on marginal inflows of 12 mln

    EconomyMacroeconomy

    of November. BoG data published on December 13 displayed Greek banks’ Eurosystem funding dropped...) funding by 2.06 and 1.24 billion respectively. Greek banks’ reliance on Central Bank funding has declined

    2%
  2. ESM board to specify rules on short-term debt relief measures
    Photo by MacroPolis

    EconomyProgramme

    include the pricing and funding of those measures ensuring that the related costs will only burden... arrangements to stabilise the cost of funding for Greece and at the same time to reduce the risk... is the matched funding, meaning that the ESM will finance future disbursements to Greece with long-term

    2%
  3. NBG reports net losses in Q2, NPEs down for fifth straight quarter
    Photo by MacroPolis

    EconomyBanking

    loans) of 243 bps versus 278 bps in Q1 and 220 bps a year ago. Balance Sheet Eurosystem funding fell... in August. The decline mostly relates to a reduction in the Emergency Liquidity Assistance (ELA) funding... banks. Furthermore, the outstanding interbank funding stands at 3.5 billion. Gross loans contracted

    2%
  4. About to soar? Greece's economy still needs to be handled with care
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    . Following the inflows since May, Greek banks’ Eurosystem funding fell for the 25th successive month... substantial for the year, surpassing the drop in June of 2.67 billion. Central bank funding stands at 50.37... arrears and improve market liquidity as programme conditionality with funding available from

    2%
  5. Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
    Image via www.eurobank.gr

    EconomyBanking

    at 369.3 million. This was mainly due to lower Eurosystem funding and Pillar II utilisation. On an annual... rate environment. Balance Sheet Eurosystem funding declined by 2.7 billion euros QoQ to 11.1 billion... deposit inflows and higher interbank repos. Emergency Liquidity Assistance (ELA) funding

    2%
  6. EU-Greece island containment policy slammed as refugees endure squalid winter camps
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    this year put estimates of aid funding received by Greece at around 803 million dollars since 2015..., which directed EU funding to Greek authorities rather than NGOs, prompted many NGOs to scale back... this year that it would be cutting emergency funding to Greece in a move that was widely condemned

    2%
  7. Banks receive deposit inflows of 2.54 bln in December

    EconomyMacroeconomy

    statement recently showed that Eurosystem funding rose by 786 million euros in December. This caused central bank funding to rise to 33.67 billion euros, and represented the first increase in total Eurosystem funding since June 2015.

    2%
  8. Deposits turn negative in Jan with outflows of 1.40 bln

    EconomyMacroeconomy

    ’s most recent monthly financial statement showed that Eurosystem funding rose by 786 million euros in December. This caused central bank funding to rise to 33.67 billion euros, and represented the first increase in total Eurosystem funding since June 2015.

    2%
  9. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    million, beating the expectations of industry analysts. This was mainly due to lower Eurosystem funding... pressure on spreads. Balance Sheet Eurosystem funding declined by 1.1 billion euros QoQ to 10 billion... inflows and higher interbank repo. Emergency Liquidity Assistance (ELA) funding in particular fell to 5.3

    2%
  10. EquiFund makes official launch in bid to grow Greek businesses

    EconomyFeatures

    is to leverage around 500 million euros in funding to support business growth. By providing loans... (EU) along with funding from the European Investment Bank (EIB) through the European Fund... develop businesses in Greece and encourage their growth. It outlines several stages at which funding

    2%