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  1. Deposit flow turns negative again in April with outflows of 139 mln
    Photo by Panayotis/Tzamaros

    EconomyMacroeconomy

    flow, Greek banks’ Emergency Liquidity Assistance (ELA) funding declined further by 269 million month... the ELA mechanism has been reduced by 1.04 billion. It is also worth noting that the ECB decided on May 18 to further cut the ELA ceiling for Greek banks by 1.2 billion euros after a marginal

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  2. Deposit inflows increase to 1.1 bln in June
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Following the recorded inflows in June, Greek banks’ reliance on the Emergency Liquidity Assistance (ELA... the beginning of the year, the liquidity withdrawn from the ELA mechanism has dropped by 5.74 billion... the ELA ceiling for Greek banks by a total of 3.1 billion. As a result, the ELA limit currently

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  3. Greek banks push for return to normality

    EconomyBanking

    of Emergency Liquidity Assistance (ELA). As of July, BoG noted that Greek banks’ Eurosystem funding declined... by approximately 20.66 billion. The decline in July was driven by a fall in ELA funding which went down by 2.48... million to stand at 8.18 billion. Greek banks are anticipating that reliance on ELA funding

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  4. Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
    Image via www.alpha.gr

    EconomyBanking

    euros. Funding cost deescalation continued in Q3 2018, driven by reduced ELA reliance as well... in wholesale funding cost is expected in Q4 2018 as ELA approaches full elimination. On an aggregate... and fell by a further 300 million by November. Specifically, Emergency Liquidity Assistance (ELA

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  5. Possibility of snap elections after third bailout agreed is firmly on Tsipras's agenda
    Photo by MacroPolis

    PoliticsGreek Politics

    (ANEL) has also voiced support this week for Tsipras and possible early elections. Top ANEL official... the possibility of working with ANEL again after snap elections, Gerovasili said she saw “no reason

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  6. Newsletter 44 - 25/09/2015

    Newsletters

    the opportunity to renew his coalition with Independent Greeks (ANEL), the prime minister has... the magnitude of this task, many were surprised that Tsipras chose to ally with ANEL again and not create... that working with ANEL gives him greater room for manoeuvre. However, his government is still lacking

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  7. Omnibus bill prompts no more than rumblings of discontent from coalition MPs
    Photo by MacroPolis

    PoliticsGreek Politics

    Another potential thorn in Tsipras’s side is Independent Greeks (ANEL) MP Nikos Nikolopoulos... to dismiss speculation that he would quit ANEL and become an independent. However, he indicated that his... that there are some ANEL deputies that Tsipras cannot have complete faith in. In fact, Nikolopoulos

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  8. MP's departure ahead of multi-bill vote highlights pressure on coalition
    Photo by MacroPolis

    PoliticsGreek Politics

    Independent Greeks (ANEL), where another MP – Nikos Nikolopoulos – is threatening not to vote for the multi... government was formed, apparently due to ANEL leader Panos Kammenos’s decision not to include him... to deal with and would represent the first time since SYRIZA and ANEL started working together

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  9. Stress and strain for gov't from farmers protests, police appointments

    PoliticsGreek Politics

    at paving the way for negotiations). It is thought that Independent Greeks (ANEL) leader and Defence... for the government, especially as he would be the second ANEL MP to leave the post (his predecessor Dimitris... the government’s three-seat majority. Sgouridis would leave the ministry but not ANEL’s parliamentary group

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  10. Coalition's future in question over minister's gaffe

    PoliticsGreek Politics

    afterwards Defence Minister and the leader of coalition partner Independent Greeks (ANEL) Panos... for weeks. On the other hand, ANEL, has largely been a silent partner, allowing the prime minister... meeting for Wednesday morning, while Kammenos is due to gather the ANEL MPs on Thursday

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