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  1. Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
    Photo by MacroPolis

    EconomyBanking

    to reduced reliance on Emergency Liquidity Assistance (ELA) funding and lower pillar II bonds... by 500 million to 16.4 billion in May. Specifically, ELA funding fell from 13.2 billion last December

    6%

  2. General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
    Photo by Panayotis Tzamaros/Fosphpotos

    EconomyMacroeconomy

    decrease reflects a drop in the Emergency Liquidity Assistance (ELA) guarantees by 119 million... guarantees amounted to 44.03 billion in April, of which ELA guarantees worth 40.85 billion retain the lion

    6%

  3. General govt primary cash surplus at 2.25 bln in May, arrears rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    attributable to a notable decrease in Emergency Liquidity Assistance (ELA) guarantees by 1.16 billion... of ELA guarantees at 39.69 billion. Bank support guarantees came to 3.18 billion. The remaining

    6%

  4. Newsletter 128 - 21/07/2017

    Newsletters

    population. Industrial turnover up 19 pct in May ELA funding ceiling falls by further 1.1 billion to 40.5... of the Emergency Liquidity Assistance (ELA) ceiling for Greek banks to 40.5 billion, reduced by 1.1

    6%

  5. General govt primary cash surplus falls to 2.63 bln in six-month, arrears rise to 5.13 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    decline in Emergency Liquidity Assistance (ELA) guarantees by 2.06 billion and bank support which... of which is made up of ELA guarantees at 37.63 billion. Bank support guarantees came to 1.88

    6%

  6. Newsletter 130 - 04/08/2017

    Newsletters

    to a substantial decline in Emergency Liquidity Assistance (ELA) guarantees by 2.06 billion and bank... announced that the European Central Bank lowered the ELA ceiling for Greek banks by a further 1.6

    6%

  7. Inflows continue in July as deposits increase by 927 mln

    EconomyMacroeconomy

    since May 2014. The ECB decided on August 3 to further reduce the ELA ceiling for Greek banks by a total of 1.6 billion. The ELA limit currently stands at 38.9 billion, from 91 billion in mid-July

    6%

  8. General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to a substantial decline in Emergency Liquidity Assistance (ELA) guarantees by 3.32 billion euros. Smaller... billion in July, of which ELA guarantees make up the lion’s share at 34.27 billion. Bank support

    6%

  9. Deposit inflows rise to 1.41 bln in August, highest for 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on September 7 to reduce the ELA ceiling for Greek banks by a further 3 million. The ELA limit currently

    6%

  10. General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is a significant decline in Emergency Liquidity Assistance (ELA) guarantees by 3.70 billion euros. A decline... in non-gg entities. Bank-related guarantees declined to 31.95 billion in August, of which ELA

    6%