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  1. Bank of Greece outlines challenges to SME funding, gaps in knowledge
    Photo by MacroPolis

    EconomyFeatures

    The Bank of Greece (BoG)’s December 2018 economic bulletin laid out some of the funding challenges... factoring the state of the economy and banking sector. The findings showed that firm size... been more active in requesting financing. Funding constraints were also found to be linked

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  2. Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace... bank funding slipped to 106.09 billion euros in January from 107.51 billion in December... entirely reflects a decline in ECB funding by 1.35 billion euros. This movement follows a rise by 2.68

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  3. Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding continued heading south for the thirteenth month in a row in July... (BoG) monthly financial statement showed on Thursday. As a result, central bank funding fell... reflects a decline in the Emergency Liquidity Assistance (ELA) funding for the third successive

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  4. Eurosystem funding falls by 3.58 bln in September
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by another 3.58 billion euros in September, Bank of Greece's (BoG) monthly financial statement revealed on Thursday. Due to the reduction, central bank funding... mostly by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37 billion euros. European

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  5. Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding declined by 978 million euros month-on-month (MoM) in November... for central bank funding comes to 12.23 billion euros compared to October’s sum of 13.20 billion euros. Since the start of the year, Eurosystem funding has declined by around 21.45 billion. November’s

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  6. Eurosystem funding for Greek banks eases by 2.18 bln in January

    EconomyMacroeconomy

    Following a brief rise in December, Greek banks’ Eurosystem funding resumed its downward trend... statement. The aggregate figure of Central Bank funding, the combined liquidity Greek banks have received... mainly stems from a decrease in ECB funding by 2.51 billion to 60.72 billion euros fully reversing

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  7. Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since.... The monthly movement largely reflects a decline of the ECB funding by 8.18 billion euros to 50.66 billion. In addition, the Emergency Liquidity Assistance (ELA) funding was eliminated at just 3.6 million

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  8. Eurosystem funding falls by 4.38 bln in October as ELA declines

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by an additional 4.38 billion euros in October, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday. The reduction led central bank funding... in Emergency Liquidity Assistance (ELA) funding by 5.74 billion euros, which offset a rise

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  9. Eurosystem funding rises by 786 mln in December, banknotes in circulation rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding rose by around 786 million euros in December, Bank of Greece's (BoG) monthly financial statement revealed on Monday. The rise brought central bank funding to 33.67 billion euros for the month, and represents the first increase in total Eurosystem funding since June

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  10. Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding declined by 404 million euros month-on-month (MoM) in September... the total for central bank funding to 12.23 billion euros compared to August’s sum of 12.63 billion euros. Since the start of the year, Eurosystem funding has declined by around 21.44 billion. September’s

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