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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    ) The elimination of the Emergency Liquidity Assistance (ELA) guarantees from 9.79 billion in December to zero as of June. That development reflected Greek banks’ zero reliance on ELA funding as of May

    6%

  7. Greek banks' Eurosystem funding rises again in November, up by 1 bln

    EconomyMacroeconomy

    . The Emergency Liquidity Assistance (ELA) funding, which was eliminated since May, remains almost at zero levels... of ELA funding and the remaining 18.37 billion is attributed to a drop in ECB funding. The reduction

    6%

  8. General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln

    EconomyMacroeconomy

    Assistance (ELA) guarantees from 9.79 billion in December to zero since June. That development stemmed from Greek banks’ zero reliance on ELA funding as of May. The breakdown of guarantees indicated

    6%

  9. SYRIZA's own goals one of main threats to party's poll lead
    Photo by MacroPolis

    PoliticsGreek Politics

    billion euros” via the Emergency Liquidity Assistance (ELA) programme if the European Central Bank cuts off funding to Greek lenders. While Greek banks would be able to borrow via the ELA, and have done so

    6%

  10. Review completion and SMP redemptions will decide Greece's QE eligibility
    Photo by MacroPolis

    EconomyProgramme

    Assistance (ELA) funding for precautionary purposes. This approval was crucial for the four systemic... the Athens News Agency that ECB could extend approval of ELA funding beyond the February 28 deadline

    6%