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  1. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    Assistance (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.

    6%

  2. Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010

    EconomyMacroeconomy

    by 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

    6%

  3. 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

    6%

  4. Greek primary cash surplus widens to 3.2 bln in 7-month
    Photo by MacroPolis

    EconomyMacroeconomy

    to 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

    6%

  5. Greek banks' Eurosystem funding declines by another 53 mln in August

    EconomyMacroeconomy

    Liquidity 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

    6%

  6. Greek primary cash surplus more than doubles to 2.45 bln at end of August

    EconomyMacroeconomy

    to 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

    6%

  7. 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

    6%

  8. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    significant 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

    6%

  9. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    Liquidity Assistance (ELA). Greek banks have eliminated the more expensive ELA funding since last May

    6%

  10. Tsipras remains sketchy on coalition options, negotiating positions
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Emergency Liquidity Assistance (ELA) scheme. “Today Greek banks refinance their loans from the Eurosystem... to ELA the cost will be around 1.55 percent.” Tsipras also suggested he would challenge Germany’s

    6%