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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomya rise in the Emergency Liquidity Assistance (ELA) bank guarantees by 16.57 billion and a decline... guarantees stood at 47 billion wueos, while ELA bank guarantees reached 22.37 billion. Overall, bank
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomystems the Emergency Liquidity Assistance (ELA) bank guarantees which climbed from zero in December.... Only in March, ELA guarantees jumped by more than 46 billion, while bank support scheme guarantees
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Greek stock market loses 1.8 pct in week of mixed messages, Q1 results
Economyto keep the ELA limit for Greek banks unchanged. The Athens Stock Exchange's general index landed... on Greek banks’ ELA limit and collateral haircut.
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomy(ELA) bank support guarantees. Since the beginning of the year, gg guarantees rose by 74.37 billion from the end-2014 figure of 60 billion. The YtD change is entirely attributed to a jump in ELA
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Greece and lenders talk at cross purposes, head for crisis summit
PoliticsGreek Politicsan increase in the ELA cap by 1.1 billion but reports suggested that around 1 billion euros was withdrawn... published in late May, Greek banks held collateral that could provide them with an additional ELA
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Newsletter 32 - 26/06/2015
assistance (ELA), which reached a total of 77.58 billion euros at the end of May – the highest it has been since December 2012. ELA reached a total of 77.58 billion euros at the end of May. May saw
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomy. The sharp increase mostly relates to Emergency Liquidity Assistance (ELA) bank guarantees from zero... than 84 percent of total state guarantees. The Finance Ministry corrected in the May bulletins the ELA
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S&P raises Greece’s rating by two notches in first upgrade since Sept 2014
Economythe ceiling in Emergency Liquidity Assistance (ELA) to Greek banks As a result, S&P believes Greece... its capital stock and create jobs, according to the rating agency. Despite the raise in ELA limit
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Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003
EconomyMacroeconomyAssistance (ELA) funding to 85.29 billion at the end of July. Following a request by BoG, the ECB Governing Council decided on August 18 to reduce the ELA limit for Greek banks by 1.3 billion to 89.7
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyand in Emergency Liquidity Assistance (ELA) bank guarantees by around 11 billion. Since the beginning of the year... by 65.7 billion is primarily attributed to ELA bank guarantees to 56.08 billion from zero last December
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