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Eurosystem funding for Greek banks shoots up by 11.2 bln in December
EconomyMacroeconomyGreek banks’ Eurosystem funding shot up by 11.19 billion to 56.04 billion euros at the end... of 2014, ECB funding had risen by a cumulative 2.28 billion in October and November. In addition... billion. The monthly change is fully attributed to the ECB’s funding movement, since the Emergency
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ELA funding down by 8.6 bln in Dec for sharpest drop since July
EconomyMacroeconomyGreek banks’ Eurosystem funding continued heading south for the sixth straight month dropping... sheet showed on Monday. In absolute terms, Central Bank funding landed at 107.51 billion at the end... to a sharp decrease in the Emergency Liquidity Assistance (ELA) funding by 8.57 billion
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Eurosystem funding falls below 100-bln mark for first time since Jan 2015
EconomyMacroeconomyGreek banks’ Eurosystem funding dropped for the tenth straight month in April, albeit... of Greece's (BoG) monthly financial statement on Thursday. In absolute numbers, Eurosystem funding.... The monthly movement is fully attributed to a reduction in the European Central Bank funding by 2.57 billion
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In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
EconomyMacroeconomyGreek banks’ Eurosystem funding dropped by another 3.53 billion euros in October after a decrease... on Thursday. As a result, central bank funding balance fell for the 16th straight month to 71.78 billion... to a reduction in both the ECB and the Emergency Liquidity Assistance (ELA) funding by 2.24 and 1.29 billion
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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomyGreek banks’ Eurosystem funding headed south for the twentieth straight month in February, albeit... of central bank funding landed at 61.88 billion euros, which is the lowest reading since the end of 2014. However, the Emergency Liquidity Assistance (ELA) funding increased by 330 million in February
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New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
EconomyFeaturesin 2016 and edging down slightly to 4.48 percent in 2017. Lack of funds Reflecting the findings... at the fourth annual Growth Awards on Monday showed that lack of access to funding is one..., but struggle to secure this funding. Despite the improving economic profile of recent years, investment
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise... of March. The monthly increase primarily stems from a rise in ECB funding by 1.03 billion to 58.84 billion. In addition, the Emergency Liquidity Assistance (ELA) funding slightly grew by 0.24 billion
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Greek banks' Eurosystem funding declines by another 53 mln in August
EconomyMacroeconomyGreek banks’ Eurosystem funding slipped by just 53 million euros in August - the slowest pace... November 2009. The marginal drop in August is fully attributed to ECB funding, while the Emergency Liquidity Assistance (ELA) funding remains at only 0.7 million euros in August from 1.6 million in July
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ELA funding drops by 1.58 bln in Sept for third straight fall
EconomyMacroeconomyGreek banks’ Eurosystem funding slipped for the third straight month in September, when it fell.... Overall, Central Bank funding has been reduced by 5.19 billion euros over the past three months. The absolute figure showed Eurosystem funding reached 121.39 billion euros in September, which is the lowest
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Eurosystem funding slips by further 1.9 bln to 104.2 bln in Feb
EconomyMacroeconomyGreek banks’ Eurosystem funding continued heading south for the eighth straight month in February..., central bank funding has dropped by 22.35 billion euros, amid reduction of uncertainty, stabilisation... of Eurosystem funding with interbank repos. The Emergency Liquidity Assistance (ELA) funding slipped
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