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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Economy, the timeframe and the actual take up by the banks. That said, the funding of Greek banks has improved thanks to deposit infolows and wholesale market access. As of the end of March, ECB funding was down to 8.4 billion euros, from close to 34 billion in the end of 2017, while ELA from the Bank of Greece
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BoG urges banks to improve quality of capital, re-doubles SPV efforts
EconomyBankingfurther improved, reliance on Eurosystem funding is only limited to TLTROs after ELA was eliminated... of assets as the economy improves, will allow banks to release funding that is now locked away to protecting
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In clearest statement yet, Tsipras says he'd keep euro
PoliticsGreek Politics(estimated at 14 billion euros) and from the provision of Emergency Liquidity Assistance (ELA) to Greek... structural and regional funding that Greece had not absorbed from its 2007-2013 envelope should
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Greek stocks down by 11.3 pct for biggest weekly fall of last month
Economycouncil decided twice this week to raise the Emergency Liquidity Assistance (ELA) funding for Greek
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As Greek deadline looms, this is how the next days could play out
EconomyProgrammeLiquidity Assistance (ELA). The Greek government also needs to pay wages and pensions at the end... might even be able to scrape together enough to pay the IMF if it does not receive further funding
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For Greek banks, it's business as unusual
Agoraon deferred tax assets (DTA), NPL dynamics and the consequences of higher funding costs because of their months-long reliance on ever-rising emergency liquidity assistance (ELA) all combine
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Primary surplus 3.1 bln above target in H1 on severe underspend
EconomyMacroeconomyLiquidity Assistance (ELA) funding purposes. This item also includes an extraordinary item of 556
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General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow
EconomyMacroeconomyAssistance (ELA) bank guarantees from zero in December to 45.14 billion in June, whilst bank support... imminent external funding needs. The biggest rise was recorded by SSF arrears, up by 108 million MoM
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Newsletter 76 - 03/06/2016
would be switched from the higher cost emergency liquidity assistance (ELA) to ECB funding once
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Stocks plunge 8.8 pct over week in aftermath of UK referendum outcome
EconomyAssistance (ELA) to the cheaper ECB funding with positive impact on their liquidity profile
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