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Newsletter 81 - 08/07/2016
refinancing facilities, Greek banks could replace 7 percent of emergency liquidity assistance (ELA... in 2016. The Bank of Greece said on Thursday that the ECB lowered the ELA ceiling for Greek banks by another 2.5 billion to 58.6 billion euros until July 21. Since mid-August, the ELA limit has been trimmed
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingto 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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Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBankingLiquidity Assistance (ELA) reliance fully eliminated as of February 2019. During the quarter, greater use... that the bank had concentrated on several milestones including exiting the ELA, increasing the deposit
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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
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Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammeprobably being the country that needed it the most. The ECB’s QE programme is already winding down... at just 16.3 billion euros: ECB funding is 9 billion and ELA from the Bank of Greece at 7.3 billion
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What the ECB did next - a tale from another crisis
Agoraon Emergency Liquidity Assistance (ELA) to the Greek banking sector created an arguably inevitable... this route however and pressured Greece, Ireland, and Portugal each to seek bilateral rescue loans... to be satisfied through the relevant national central bank, by means of ELA. Greek banks therefore could
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Sharp rise in M&A activities as 2019 proves record year
EconomyFeaturesby PricewaterhouseCoopers Greece (PWC), which points to improving investor and business appetite... banks to the value of 236 million euros. In 2018, a total of 51 M&A transactions were recorded by PWC..., and representing a record year for such activity in Greece. According to PWC, this activity has been
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ND clarifies plans for emergency health system capacity as public mood over Covid-19 sours
PoliticsGreek Politicsto enable more capacity to become operational for the peak winter flu season. With the government... to two thirds of respondents finding support for businesses and workers inadequate. Up to 38 percent
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Central gov’t debt rises to 321.3 bln in Q4, financial aid loans at new high of 220.4 bln
Economy) loans by 6.34 billion euros. Much smaller changes were recorded in special purpose and bilateral... almost 69 percent of total central government debt. On top of bilateral (52.9 billion) and EFSF... purpose and bilateral loans, including those granted by the European Investment Bank (EIB) rose
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Newsletter 15 - 13/02/2015
the Emergency Liquidity Assistance (ELA) capacity to Greek banks by an additional 5 billion, up from the 60... at the end of December, equally split between ECB and ELA funding. The cost of ELA is 1.55 percent, 150 bps above that of ECB funding. On the current utilisation of ELA funding of 40 billion, this corresponds
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