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  1. Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped by another 5.71 billion euros in June, after falling... of May, Eurosystem funding stood at 50.66 billion. The monthly movement is due to a drop in ECB funding by 5.7 billion euros to 44.95 billion. The Emergency Liquidity Assistance (ELA) funding also fell

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  2. Greek banks' Eurosystem funding sees reduced drop of 334 mln in July

    EconomyMacroeconomy

    funding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial... is entirely attributed to European Central Bank funding dropping by a further 335 million to 44.62 billion euros. The Emergency Liquidity Assistance (ELA) funding rose by 0.91 million to 1.55 million

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  3. Greece's imminent funding problems: All the numbers you need
    Photo by MacroPolis

    EconomyProgramme

    to take it past June, it has to overcome its pressing funding needs, with March probably being the biggest hump it has to get over during the next four months. Greece's funding shortage is stretched...-Bills for ELA funding (as they could with the ECB before February 11) for an amount up to 3.5

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  4. Eurosystem funding down by 2 bln in Oct for fourth straight fall

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding continued heading south for the fourth straight month in October...) monthly financial statement showed on Monday. Since July, Central Bank funding has been reduced by 7.19 billion. In absolute terms, Euroystem funding landed at 119.38 billion euros in October, which

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  5. Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
    Photo by MacroPolis

    EconomyMacroeconomy

    funding and government guarantees’ (pillar II) cost. The bank said the bulk of the NII... to March with May flow so far reaming calm, according to the banks’ management. Eurosystem funding.... As expected the bulk (20.8 billion) relates to Emergency Liquidity Assistance (ELA) funding

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  6. Rare moment of unity as MPs agree to stop Golden Dawn’s state funding
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    voted in favour of an amendment submitted to Parliament. The legislation will see state funding... vote they received at the general elections. The amendment foresees public funding and lawmakers... a public relations gift by giving voters the impression it did not want to cut Golden Dawn’s funding

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  7. Gov't sees reform multi-bill as path to funding but resistance abounds

    PoliticsGreek Politics

    bailout funding. The multi-bill is expected to be largely based on proposals sent to creditors... genuinely believes that it can secure some funding based on the multi-bill and the recent changes... of funding very soon and is likely to have to make uncomfortable compromises to secure it. These compromises

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  8. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    net loans from 161 bps in Q1. Balance Sheet Eurosystem funding fell by around 4.3 billion QoQ and came to 1.8 billion at the end of Q2. Emergency Liquidity Assistance (ELA) funding dropped to around 300... quarterly for almost two years now. ELA funding was eliminated despite the ECB waiver for Greek bonds

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  9. Structural problems and dramatic drop in funding harm mental health care in Greece
    Photo by Harry van Versendaal

    Society

    Greece’s mental health and integration systems have been ranked among the worst in 30 European countries due to structural problems before the crisis and a drop in direct funding of 64 percent under... expenditure has been one of the many areas that have seen significant cuts. Dedicated funding

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  10. New Democracy faces claims of dark funding after revelation of links to internet campaign group

    PoliticsGreek Politics

    the governing party and the group, which it accused of using public funding to bankroll character assassination

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