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Newsletter 144 -15/12/2017
was driven by a drop in Emergency Liquidity Assistance (ELA) funding by 2.90 billion euros to 19.85 billion.... The budget balance in the first 11 months of 2017 recorded a deficit of 763 million euros, landing... banks’ Eurosystem funding fell by an additional 4.46 billion euros in November according to the Bank
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ELA ceiling for Greek banks slashed by 7.8 bln to 77.9 bln after recap
EconomyMacroeconomybanks’ liquidity position. According to the latest official data, Greek banks’ ELA funding stood... the Emergency Liquidity Assistance (ELA) ceiling for Greek bank by 7.8 billion euros to 77.9 billion... today’s ECB decision, the ELA ceiling has been cut by a total of 13.1 billion euros since mid-August
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Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
EconomyMacroeconomymovement was driven by a drop in Emergency Liquidity Assistance (ELA) funding by 2.90 billion euros... billion euros. ELA funding has fallen every month this year except for February, when a marginal rise... as confidence in the conclusion of the programme grew. A fall in ELA funding had been anticipated
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Eurosystem funding falls by 3.58 bln in September
EconomyMacroeconomymostly by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37 billion euros. European Central Bank (ECB) funding fell by 1.21 billion to 13.23 billion euros. ELA funding has fallen every... review. The reduction in ELA funding in September had largely been anticipated, as the ECB has been
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Eurosystem funding falls by 825 mln in Feb, banknotes in circulation rise by 50 mln
EconomyMacroeconomymillion euros in Emergency Liquidity Assistance (ELA) funding to around 94.7 million. At the same time... bulletin as the threshold had now fallen under 2 billion euros. The total elimination of ELA funding... in March that Greece’s four systemic banks had fully eliminated ELA funding from their balance sheets
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Survey reveals working lives, job-finding trends of young Greeks
Societysurveyed said that they found no type of support helpful. When it comes to finding a job, the most
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Eurosystem funding falls by 1.24 bln in Jan, banknotes in circulation fall below Nov 14 figure
EconomyMacroeconomyAssistance (ELA) funding to around 290.8 million. At the same time, European Central Bank (ECB) funding... bulletin as the threshold had now fallen under 2 billion euros. The total elimination of ELA funding... in March that Greece’s four systemic banks had fully eliminated ELA funding from their balance sheets
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgramme) GLF bilateral loans of 52.9 billion euros have a current interest rate of 0.65 percent (euribor plus... of the Eurosystem and its Emergency Liquidity Assistance (ELA) programme (related to the issue... of additional T-Bills to cover funding needs, which he argues would not raise the debt amount
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Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln
EconomyMacroeconomyAssistance (ELA) funding by 5.86 billion to 74.37 billion. This is the highest reading since December 2012. The rise in the ELA funding in April is similar to the increase of 5.6 billion in the ELA cap set... in the first two weeks of May. The increase in the ELA funding in April and so far in May most likely
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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economyin their business plans until 2017, with PwC estimating that NPLs could peak to 40 percent from 29.3 percent... buffer was recently fuelled by rumours that it could be used for covering Greece’s funding gap... used to cover the funding gap. The HFSF’s capital buffer has also come under the spotlight because
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