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  1. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    programme in mid August. A further reduction by 1 billion euros was decided by the ECB on October 7

    3%
  2. Piraeus Q3 trading update shows significant acceleration in NPL formation
    Photo by MacroPolis

    EconomyBanking

    (ELA) funding slipping by 1 billion to 21.2 billion. The new time deposit rate further fell by 64

    3%
  3. Tax arrears jump to 1.47 bln in Sept as total for year reaches 8.39 bln

    Economy

    to the outcome of tax audits on large corporate, which fell to just 1 million in September. However, the 9-month

    3%
  4. ECB sees Greek banks' total capital needs at 14.4 bln, recap plans to come
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    Economy

    scenario. The ECB also disclosed for the first time the Common Equity Tier 1 (CET1) hurdle rates, which

    3%
  5. Home foreclosures and refugee crisis top agenda in Greece-EU talks
    Photo by EU Council via Flickr https://flic.kr/p/q4fbAG

    PoliticsForeign Policy

    to but reports in the local media have identified them as: 1) Settling on a formula for property

    3%
  6. EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    of over 1 percent of GDP in the second half of 2015 and up to 4 percent of GDP cumulatively by 2017

    3%
  7. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    is up by almost 1 billion euros, also including the quarterly VAT payment. Total ENFIA revenues

    3%
  8. Eurosystem funding down by 2 bln in Oct for fourth straight fall

    EconomyMacroeconomy

    ’ ELA ceiling was cut twice by the ECB (on September 3 and 17) and by 1 billion euros each time

    3%
  9. NBG strengthens capital at deep discount, falls short of initial target
    Photo by MacroPolis

    Agora

    ) and Eurobank (52.4 percent) announced earlier this week. The bank will also proceed with a reverse split (1

    3%
  10. Travel receipts fall by 5.4 pct in Sept for first drop in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    by 1 billion from last year’s figure.

    3%