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Athens claims Ankara meeting smoothed relations despite lack of progress on key issues
PoliticsGreek PoliticsPM Kyriakos Mitsotakis and Turkey’s President Recep Tayyip Erdogan agreed to disagree on the major issues dividing the two countries but shook hands on a number of bilateral deals at long-awaited...”, a designation rejected by Greece. Having drawn their respective lines around the outstanding bilateral issues
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomy. In addition, the Emergency Liquidity Assistance (ELA) funding slightly grew by 0.24 billion... by that date. Funding from the ELA mechanism, which currently stands at low-single digit levels, was launched
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomyAssistance (ELA) by 6.6 billion and a decrease in bank support scheme guarantees by 2.5 billion..., while ELA guarantees fell to 3.12 billion.
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Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010
EconomyMacroeconomyby 5.7 billion euros to 44.95 billion. The Emergency Liquidity Assistance (ELA) funding also fell... a decrease of ECB funding by 18.27 billion and ELA funding by 9.79 billion. The year to date drop is mostly
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Greek primary cash surplus reaches 1.8 bln in H1 2014
EconomyMacroeconomy: a) The elimination of the guarantees related to the Emergency Liquidity Assistance (ELA) to zero in June, from 9.79 billion in December, following the Greek bank’s zero reliance on ELA funding
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Greek primary cash surplus widens to 3.2 bln in 7-month
EconomyMacroeconomyto the Emergency Liquidity Assistance (ELA) to zero since June from 9.79 billion in December. This development follows Greek bank’s zero reliance on ELA funding as of May. b) A decline in bank support scheme
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Greek banks' Eurosystem funding declines by another 53 mln in August
EconomyMacroeconomyLiquidity Assistance (ELA) funding remains at only 0.7 million euros in August from 1.6 million in July... drop by 18.66 billion on the year-end 2013 figure of 63.23 billion. ELA funding was eliminated since
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyto the Emergency Liquidity Assistance (ELA) to zero in June, from 9.79 billion in December. This development follows Greek banks’ zero reliance on ELA funding as of May. b) A decline in bank support scheme
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Greek banks' Eurosystem funding rises by 1.28 bln in October after five-month fall
EconomyMacroeconomy. The Emergency Liquidity Assistance (ELA) funding, which was eliminated in May, was at just 0.71 million euros... to the elimination of ELA funding. The recorded drop of Greek banks' central bank funding so far
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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomysignificant YtD changes relate to: a) The elimination of the Emergency Liquidity Assistance (ELA... banks’ zero reliance on ELA funding as of May. b) A reduction in the bank support scheme guarantees
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