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  1. General govt primary cash surplus at 7.62 bln in Nov, arrears fall by 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    fell by 900 million to 14.70 billion. Emergency Liquidity Assistance (ELA) guarantees, which make up..., a decline of 24 billion. Bank-related guarantees fell to 2.85 billion in November, of which ELA

    7%

  2. General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
    Photo by MacroPolis

    EconomyMacroeconomy

    billion. Emergency Liquidity Assistance (ELA) guarantees, which make up 7.3 percent of the total... million. Bank-related guarantees fell to 1.30 billion in December, of which ELA guarantees constitute

    7%

  3. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    EconomyBanking

    . Furthermore, the gradual reduction of reliance on ELA funding also had a positive impact on quarterly... loans, with ELA funding having been fully eliminated. The bank noted that funding had been

    7%

  4. General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion. Emergency Liquidity Assistance (ELA) guarantees fell to 0.7 percent of overall guarantees.... Bank-related guarantees fell to 400 million in November, of which ELA guarantees constitute 9

    7%

  5. Newsletter 203 -15/04/2019

    Newsletters

    in Emergency Liquidity Assistance (ELA). ECB funding in March came to 8.36 billion euros, along with 19 million in ELA funding. The BoG figures also revealed that banknotes in circulation rose by 12

    7%

  6. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    wholesale funding cost impact following the total elimination of Emergency Liquidity Assistance (ELA... stood at 1.70 billion at the end of Q1 2019, down by 4.4 billion YoY. The bank fully eliminated ELA

    7%

  7. Newsletter 220 -20/09/2019

    Newsletters

    Liquidity Assistance (ELA) stood at 1.8 million euros. Compared to August 2018, Eurosystem funding declined by a total of 4.43 billion euros. This stems largely from ELA funding daaling by 4.49 billion

    7%

  8. PMI at 53.6 points in September, employment slows

    EconomyMacroeconomy

    suppliers, driven by a global slowdown in input buying. The cost inflation was passed on partially to customers. Delays in delivering raw materials drove a further reduction in pre-production..., since as weak demand for raw materials globally, led to softer price rises. Analysts noted

    7%

  9. Greek PMI drops into contraction territory in September, falling to 48.4 points

    EconomyMacroeconomy

    for the first time in the past five months and an improvement in suppliers’ delivery times. Following solid... their staff and purchases of raw materials in September on the back of deteriorating workloads... the progress seen in the first half of the year.” “A rare improvement in suppliers’ delivery times showed

    7%

  10. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    income of 1.5 billion, from 6.4 billion in the same period last year. The material narrowing

    6%